TITLE

Chicago Orchestra Readies $85 Million Refunding With Eye on Auction Rates

AUTHOR(S)
Shields, Yvette
PUB. DATE
November 2002
SOURCE
Bond Buyer;11/15/2002, Vol. 342 Issue 31514, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on plans of Chicago, Illinois-based company Chicago Symphony Orchestra (CSO) to restructure refunding of its bonds that will convert its outstanding variable-rate debt into auction-rate securities. Benefits of refunding of bonds; International recognition of the CSO; Percentage decrease in the interest rate costs.
ACCESSION #
8672882

 

Related Articles

  • New York City Set to Kick Off First GO Sale of 2011 for Debt Savings. Kaske, Michelle // Bond Buyer;3/7/2011, Vol. 375 Issue 33477, p8 

    The article reports on the plan of New York City to sell its 641 million dollars of general obligation (GO) bonds to generate debt-service savings in 2011. It mentions that fiscal 2011 Series I GO transactions comprise of 400 million dollars of tax-exempt Series I-1 bonds to refund fixed-rate...

  • L.A. Harbor Department Plans Complexes $530.8M Refunding. Saskal, Rich // Bond Buyer;9/28/2005, Vol. 353 Issue 32227, p1 

    No abstract available.

  • Pa. Turnpike Set to Finish Its Refunding. Braun, Martin Z. // Bond Buyer;8/30/2002, Vol. 341 Issue 31461, p1 

    Reports the completion of planned refunding by Pennsylvania Turnpike Commission. Estimation of outstanding debt in variable-rate revenue bonds; Culmination of financing plan to save 50 million dollars; Tabulation on the bond sales according to Thompson Financial Securities Data.

  • North Carolina to Refund $61OM, While Georgia Utility Sets $180M. DeSue, Tedra // Bond Buyer;6/15/2005, Vol. 352 Issue 32154, p3 

    This article reports that some of the lowest interest rates the municipal market has seen in 2005 have prompted issuers to move forward with refundings, including the Municipal Electric Authority of Georgia (MEAG) and the state of North Carolina, which will sell on June 15, a total of almost...

  • Mass. to Issue $1B Of GOs. Kaske, Michelle // Bond Buyer;5/4/2007, Vol. 360 Issue 32622, p1 

    The article reports on the sale of roughly $1 billion of general obligation debt, divided evenly between new-money and refunding bonds by Massachusetts. Lehman Brothers will start the transaction with a one day retail order period before institutional pricing. The bond counsel is Edwards,...

  • Far West Issuance Skyrockets 60% in First Half. Saskal, Rich // Bond Buyer;8/17/2007, Vol. 361 Issue 32694, p1 

    The article reports on the rise of municipal debt issuance in the far west region of the U.S. during the first half of 2007. The volume indicates up more than 60 percent and according to Thomson Financial data, bond sales in the region surpassed $56 billion in the said period. Refunding activity...

  • Essex County, N.J., Authority To Sell $285M After Upgrades. Kaske, Michelle // Bond Buyer;3/9/2007, Vol. 359 Issue 32583, p3 

    The article reports on the plans of Essex County Improvement Authority (ECIA) to sell $285 million worth of Series 2007 refunding debt which is backed by a general obligation of Essex County, New Jersey. It is accounted that the sale of the refunding debt would be made after a credit upgrade...

  • Missouri to See $175M Refunding, $350M of Highway Bonds. Shields, Yvette // Bond Buyer;6/21/2005, Vol. 352 Issue 32158, p36 

    The article informs about a triple-A rated state general obligation (GO) refunding for $175 million, followed by the sale of $350 million of state highway commission revenue bonds in Missouri. The state GO issue will advance refund about $166 million of debt and current refund the remainder with...

  • Chicago Council OKs $1.1B to Sell Before Year-End. Shields, Yvette // Bond Buyer;11/6/2008, Vol. 366 Issue 32998, p29 

    The article reports that city council of Chicago, Illinois has approved the proposed issuance of up to $1.1 billion of new-money and refunding of general obligation bonds. City officials hope that the deal can be priced before the end of 2008 if market conditions to improve. Finance officials of...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics