TITLE

MassPike Officials May Look to State To Back $127M Variable-Rate Deal

AUTHOR(S)
Kaske, Michelle
PUB. DATE
April 2008
SOURCE
Bond Buyer;4/15/2008, Vol. 364 Issue 32857, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the consideration of Massachusetts officials to seek state help to back $127 million variable-rate deal of Massachusetts Turnpike Authority (MassPike). State officials are still evaluating whether to guaranty the bonds. However, they have yet to make a final decision. It is recommended that MassPike should pay the fixed interest rate on the Series 1997B bonds.
ACCESSION #
31786829

 

Related Articles

  • Floating Rate Debt Boom. McDonald, Michael // Bond Buyer;10/18/2004, Vol. 350 Issue 31991, p1 

    Reports on the increase in the volume of floating variable- and auction-rate debt sold in New York. Issuers' efforts to take advantage of low floating rates; Analysts' prediction that issuers throughout the municipal bond market will continue to sell long-term floating debt in spite of the...

  • Berry Plastics Prices Loan In Bond's Clothing.  // Bank Loan Report;4/21/2008, Vol. 23 Issue 16, p6 

    The article reports that Berry Plastics Corp. which produces and distributes plastic packaging, has issued senior secured first-lien notes that are noncallable for two years. The Evansville, Indiana-based Berry Plastics priced $680.6 million in floating-rate high yield bonds. Banc of America...

  • Iowa Health System to Sell $50M, Restructure $350M. Shields, Yvette // Bond Buyer;7/21/2009, Vol. 369 Issue 33152, p5 

    The article reports on the plan of health care provider company Iowa Health System (IHS) to sell 50 million dollars of new-money bonds in Chicago, Illinois. The health care provider also plans to shift 350 million dollars of its variable-rate debt to a fixed-rate structure in an effort to reduce...

  • Results of Negotiated Sales.  // Bond Buyer;1/13/2005, Vol. 351 Issue 32049, p14 

    The article presents the results of negotiated sales of bonds and notes for Alabama, Arizona, California, Idaho, Maine, Minnesota, Missouri, Nebraska, New York, Ohio, Oregon, Pennsylvania, Tennessee, Texas, and Virginia. Also given is, the information about taxable issues for Maine.

  • Results of Competitive Sales.  // Bond Buyer;1/13/2005, Vol. 351 Issue 32049, p22 

    The article presents the results of competitive sales of bonds and notes for California, Connecticut, Delaware, Georgia, Kentucky, Massachusetts, Michigan, New Jersey, New York, North Dakota, South Carolina, Oklahoma and Texas.

  • Seven-Day Yields Drop One Point; Week's Inflows Reach $1.77 Billion. Fine, Jacob // Bond Buyer;5/24/2002, Vol. 340 Issue 31394, p35 

    Reports on the declining average seven-day yield in tax-free money market funds in the U.S. Demand for floating rate debt; Increase in short-term interest rates; Profitability of taxable funds' asset.

  • Floating-Rate Notes Stay Popular Despite Low Rates. BARASCH, JON; DISTURCO, JOHN // Bond Buyer;12/10/2012, Vol. 382 Issue 33826, p8 

    The article informs that the municipal floating-rate notes are regaining its strength even after lower rates in the U.S. bond market.

  • Portuguese bonds: no more sales to foreigners. Jeffreys, Simon // Accountancy;Oct91, Vol. 108 Issue 1178, p59 

    Reports that the Portuguese central bank has banned the purchase of Portuguese floating rate bonds by foreigners. Reasons for the increase in foreign investors' purchase of bonds; Exemption from the ban of fixed-rate treasury bonds; Privatization program of the country.

  • Short-Term Paper Demand Boosts Floating-Rate Securities. Maurice, Alex // Bond Buyer;05/08/2001, Vol. 336 Issue 31134, p8 

    Reports on impact of short term paper demand on the sale of synthetic floating-rate securities. Parts of the synthetic floating-rate receipts; Procedures in synthetic floating-rate receipts; Disadvantages of synthetic derivative securities.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics