TITLE

Subway Series of Sales: $17B in Ballpark Debt

AUTHOR(S)
Whalen, Robert
PUB. DATE
August 2006
SOURCE
Bond Buyer;8/10/2006, Vol. 358 Issue 32442, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the investment plans of Major League Baseball teams of New York City. The teams plan to hit the municipal bond market with almost $1.7 billion of insured taxable and tax-exempt bonds. The proceeds of the investment will be used to finance new ballparks in the Bronx and Queens. Investment-grade bond sales will be supported by payments in lieu of taxes.
ACCESSION #
21993718

 

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