L.A. Officials Predict 12% Savings On $320M Wastewater Refunding

Saskal, Rich
March 2006
Bond Buyer;3/24/2006, Vol. 355 Issue 32346, p34
Trade Publication
The article reports on the prediction of 12 percent present-value savings on a planned 320 million dollars wastewater refunding by the city of San Francisco, California. The city swapped about 250 million dollars in connection with the 2003 convention center deal. The author stresses that the city has took bid for swap counterparties and planed to use multiple counterparties to reduce its exposure risk.


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