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

 

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