TITLE

Louisiana OKs $1B of GO Zones

AUTHOR(S)

DeSue, Tedra

PUB. DATE

April 2007

SOURCE

Bond Buyer;4/20/2007, Vol. 360 Issue 32612, p1

SOURCE TYPE

Trade Publication

DOC. TYPE

Article

ABSTRACT

The article reports on the approval to sell up to $1 billion of the Gulf Coast Opportunity Zone revenues bond by the State Bond Commission in Louisiana. The bonds will be issued by St. John the Baptist Parish Council for the expansion of existing oil refinery facilities of Marathon Oil Co. It is accounted that the revenue bonds could be issued as a fixed-rate or variable-rate bonds which in turn could be converted to other interest modes.

ACCESSION #

24851362

Tags: GOVERNMENT securities;  STATE bonds;  COMMUNITY development -- Finance;  PETROLEUM refineries;  MARATHON Oil Corp.;  BOND market

 

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