Asked by City for Switch in Collateral, Austin Bondholders Get New Deadline

Albanese, Elizabeth
May 2002
Bond Buyer;5/9/2002, Vol. 340 Issue 31383, p5
Trade Publication
Focuses on the agreement between bondholders and the city of Austin on collateral switch in Texas. Extension of deadlines for bondholders holding an outstanding combined-system utility revenue bonds; Substitution of bond insurance or surety bonds for cash and investment securities; Solicitation of consents from bondholders.


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