Triple-A Columbus Sets BAB-Heavy Deal

Devitt, Caitlin
July 2010
Bond Buyer;7/21/2010, Vol. 373 Issue 33353, p1
Trade Publication
The article reports on the plan of Columbus city government to enter the market and to sell its general obligation bonds, including taxable Build America Bonds (BAB), plain-vanilla taxable municipal securities, and tax-exempt bonds, worth 432 million dollars in Illinois. It plans to deal these bonds to institutional buyers on July 29, 2010 and proceeds will be utilized to finance capital projects. Moreover, the city also plans to refund about 56 million dollars of bonds issued in 2002.


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