D.C. Stadium Issue Set for Mid-May Tobacco Deal in Summer

Vadum, Matthew
March 2006
Bond Buyer;3/24/2006, Vol. 355 Issue 32346, p3
Trade Publication
The article reports on the plan of the District of Columbia to sell 535 million dollars in baseball stadium construction bonds in mid-May 2006. In addition, the district intends to sell 210 million in tax-exempt subordinated zero-coupon bonds backed by tobacco companies' payments under the Master Settlement Agreement (MSA) in summer. Lasana Mack, district treasurer and deputy CFO, stresses that the district is moving ahead with a planned offering of 210 million dollars bond backed by payments under the MSA.


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