TITLE

Broward County Fla., to Weigh Refunding, End to 3 Swaptions

AUTHOR(S)
Sigo, Shelly
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/8/2006, Vol. 356 Issue 32376, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the Broward County government of Florida is weighing a decision to approve the refunding of $166.2 million of debt and to sign off on a $15.7 million payment to terminate three swaptions. A contract committed the county to pay a termination fee if it chooses not to conduct a swap and sell floating-rate debt.
ACCESSION #
20809297

 

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