MBTA to Sell $262M of Sales Tax Bonds, Unwind Swap

Cataldo, Adam L.
June 2006
Bond Buyer;6/12/2006, Vol. 356 Issue 32400, p44
Trade Publication
The article reports that the Massachusetts Bay Transportation Authority (MBTA) is expectant that it will be able to sell senior sales tax bonds worth $261.7 million on June 12, 2006. The MBTA is also set to receive over $5 million as it exits a swap agreement with Bear Stearns and Co. in 2006. The issues' implications for transportation and local finance are also cited.


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