TITLE

Shreveport Sets Deal to Lessen Variable-Rate Debt Exposure

AUTHOR(S)
Watts, Jim
PUB. DATE
September 2008
SOURCE
Bond Buyer;9/10/2008, Vol. 365 Issue 32958, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the $24.7 million fixed-rate airport revenue bonds of Shreveport, Louisiana to refund variable-rate bonds issued in the fall of 2007. The bonds will lessen the city's exposure to variable-rate debt to be issued by Louisiana Local Government Environmental Facilities and Community Development Authority. It will refund the bonds financing general airport improvements and the bonds supported by the authorized passenger facility charge of $4.50 per passenger.
ACCESSION #
34454532

 

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