TITLE

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

AUTHOR(S)
Vadum, Matthew
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/24/2006, Vol. 355 Issue 32346, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
20302900

 

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