Phoenix Agency Selling $154M; Taxable Tranche to Fund Biotech

Watts, Jim
June 2006
Bond Buyer;6/13/2006, Vol. 356 Issue 32401, p30
Trade Publication
The article reports the plan of Phoenix Civic Improvement Corp. to enter the market with several tranches of excise tax bonds totaling $154.4 million to finance a number of infrastructure and equipment needs in Dallas, Texas. The funding for a sophisticated research and development facility that is a major component of a downtown redevelopment initiative will be completed by the proceeds.


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