TITLE

Storming Back to Market

AUTHOR(S)
de Sue, Tedra
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/29/2006, Vol. 356 Issue 32413, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports developments on the first debt issuance of Louisiana since hurricanes Katrina and Rita affected the state. According to reports, the $400 million deal that will include about $200 million of rarely seen tax-credit bonds are being issued under the federal Gulf Zone Opportunity Act of 2005. The state will also sell $200 million of general obligation debt and enter into a forward swap related to bonds that will be sold in 2008 to refund the tax credit bonds.
ACCESSION #
22510090

 

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