Coyotes Cost Glendale, Ariz., a Notch on Rating

Williamson, Richard
February 2011
Investment Dealers' Digest;2/11/2011, Vol. 77 Issue 6, p12
Trade Publication
The article reports that Glendale, Arizona prepares to issue 116 million dollars of revenue bonds for Phoenix Coyotes of the National Hockey League (NHL) to keep the team playing in the Jobing.com arena. It states that the city will issue the bond under Glendale Municipal Property Corp. It notes that the city will transfer the profits of the bond sale to investor Matthew Hulsizer to assist him buy the team from the NHL.


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