TITLE

Cape Coral, Fla., Selling $60M for Parks, CP Refinancing

AUTHOR(S)
Sigo, Shelly
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/6/2006, Vol. 356 Issue 32396, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the city government of Cape Coral in Florida will sell 60-million-dollar worth of special obligation revenue bonds on June 6, 2006. The proceeds of the sale will be used to buy land for parks and recreation areas and to refinance the 20-million-dollar worth of outstanding commercial paper. The bonds, insured by MBIA Insurance Corp. have maturities between 2007 and 2036.
ACCESSION #
21157260

 

Related Articles

  • View from the top: Munis remain MBIA's bread and butter. Ulick, Jake // Bond Buyer;05/07/98, Vol. 324 Issue 30388, p34 

    Profiles the success of bond insurer MBIA Insurance Corp. in the credit enhancement industry. Challenge faced by the MBIA; Company's preference for investment-grade deals; Importance of credit rating with the MBIA; Competitors of the MBIA; Bond insurance's totals and market shares.

  • Raleigh, N.C., Finishing $300M Deal; Raters Note Rising Water, Sewer Needs. deSue, Tedra // Bond Buyer;9/20/2006, Vol. 357 Issue 32470, p44 

    The article reports on the completion of the sale of almost $300 million worth of water and sewer system revenue bonds by the city government of Raleigh, North Carolina on September 20, 2006. Although the deal is expected to do well in light of its strong ratings, rating agencies are expressing...

  • Trading Edge, MBIA team up for online munis. Burger, Andrew // Securities Industry News;08/16/99, Vol. 11 Issue 32, p11 

    Reports on the joint venture between the Trading Edge company and MBIA Insurance Corp. dealing with municipal bond trading in the United States. Operation of the BondLink online high-yield bond trading service; Credit insurance to BondLink participants for secondary market purchases of...

  • MBIA-Backed Deal in California Well Received. Saskal, Rich // Bond Buyer;4/25/2008, Vol. 364 Issue 32865, p1 

    The article reports on the use of a bond program by two California communities to raise funds for street improvements in a deal that completed later in April 2008 and received a significant boost from MBIA Insurance Corp. The $14.7 million pooled certificate of participation deal, issued by the...

  • Panelists: Centralization Will Likely Precede Shakeout and Consolidation. Sherman, Lynn // Bond Buyer;04/11/2000, Vol. 332 Issue 30868, p7 

    Highlights the views of panelists at the MBIA Insurance Corp. public finance client weekend regarding the possibility that online systems for trading municipals will experience integration first before shakeout and consolidation. Market's demand for centralization; Suggestion that Bloomberg...

  • Municipal Bond Prices End Lower; Calif. $5.7B Notes Priced for Retail. Monsarrat, Sean; Chesla, Nicholas // Bond Buyer;9/25/2001, Vol. 337 Issue 31230, p2 

    Reports the changes in the prices of municipal bonds in New York, New York. Impact of oil prices on the government bond yield; Issuance of bonds by MBIA Insurance Corp.; Marginal interest in the track records of municipal bonds.

  • MBIA announces name change for subsidiary.  // Westchester County Business Journal;4/10/95, Vol. 34 Issue 15, p8 

    Reports that Municipal Bond Investors Assurance Corp. has changed its name to MBIA Insurance Corporation. Feedback from David H. Elliott, chairman and chief executive officer of MBIA.

  • Lower-cost loan plan to help local councils. Wood, Crispin // BRW;04/14/97, Vol. 19 Issue 13, p32 

    Reports that two rival companies in the United States municipal bond market have joined forces in Australia to guarantee facilities up to $1 billion. Details of the plan by the two companies, MBIA Insurance Corporation and AMBAC Indemnity Corporation; The advantages of a small municipality...

  • Fidelity Tells Clients to Reduce MBIA-Backed Muni Holdings. Fine, Jacob // Bond Buyer;3/7/2003, Vol. 343 Issue 31588, p1 

    Reports that Fidelity Capital Markets Group (FCMG) has advised its clients for reducing holdings of MBIA Insurance Corp.-backed municipal bonds. Reasons behind the advise of FCMG to reduce holdings of municipal bonds; Criticism of ratings given to MBIA Insurance Corp. by New York-based Gotham...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics