Subway Series of Sales: $17B in Ballpark Debt

Whalen, Robert
August 2006
Bond Buyer;8/10/2006, Vol. 358 Issue 32442, p1
Trade Publication
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.


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