TITLE

Virginia Resources Authority Readies $93M for Pool of infrastructure Projects

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/22/2006, Vol. 356 Issue 32386, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the preparedness of the Virginia Resources Authority for the negotiated sale of pooled infrastructure revenue bonds using a senior-subordinate debt structure to finance local infrastructure projects. The sale would include the first regional jail project, a 17.8 million lockup in Botetourt County, and more than 10 million dollars in other transportation items. Morgan Stanley & Co. Inc. will lead the transaction as a senior manager.
ACCESSION #
20989577

 

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