TITLE

Mass. Merger Could Boost Debt Costs

AUTHOR(S)
KASKE, MICHELLE
PUB. DATE
August 2010
SOURCE
Bond Buyer;8/5/2010, Vol. 373 Issue 33362, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on Massachusetts government's plans to fold the Massachusetts Health and Educational Facilities Authority into the Massachusetts Development Finance Agency. It is stated that the merger of these two quasi-public agencies will could led to higher borrowing costs in the future. According to government executive Kofi Jones, the merger will ensure greater transparency, efficiency, and equity in financing to a critically important sector of the state's economy.
ACCESSION #
55429034

 

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