TITLE

Houston Hits Market After Negative Outlook

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/7/2006, Vol. 355 Issue 32333, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the 91.5 million dollars debt offering of Houston after receiving a negative double A rating from Fitch Ratings. It cites the two conflicting amendments to the city's charter that limit revenue collected by the city yearly. The city is still undecided on the bids for insurance it has received and Morgan Stanley will be the lead manager for the transaction.
ACCESSION #
20472544

 

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