TITLE

Massachusetts Water Agency Offering $482M

AUTHOR(S)
Scarchilli, Michael
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/28/2006, Vol. 355 Issue 32328, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the sale of about $482 million of new and refunding fixed-rate revenue bonds by the Massachusetts Water Resources Authority, with the new-money proceeds used to retire outstanding commercial paper. The rates and charges of MWRA, comprising its primary sources of revenue, increased by an average annual rate of 4.6 percent between fiscal 2001 and 2005, and accounted for 92 percent of fiscal 2005 revenue.
ACCESSION #
20281721

 

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