Treasury Auctions Set for This Week Jul 21, 2008
8 million of toll road senior lien revenue and refunding bonds. Goldman, Sachs & Co.. (Atlanta Journal-Constitution -- Business)
Fitch gives 'AA' rating to JEA bonds Jun 24, 2007
5 billion in senior lien revenue bonds and $344 million in subordinate lien revenue bonds. The rating outlook is stable. (Jacksonville Business Journal, FL)
Fitch rates JEA bonds 'AA' Feb 15, 2007
3 million of senior lien water and sewer system revenue bonds and $10 ... 3 million of senior lien variable rate water and sewer bonds ... 8 billion in outstanding debt, most of it senior lien revenue bonds. (Jacksonville Business Journal, FL)
Washington Convention Center sells about $500 million in bonds Jan 27, 2007
3-million-square-foot convention center, has completed the sale of its senior lien dedicated tax revenue and refunding bonds, series 2007A.. The authority says it will use the $492. (Washington Business Journal, DC)
Agency affirms Sunport's rating on $200M of bonds Dec 22, 2006
6 million worth of senior lien airport revenue bonds and on $83 ... Net revenues of the Sunport secure the senior lien bonds, with a subordinate pledge of net revenues securing the subordinate lien bonds. (New Mexico Business Weekly, NM)
SBA doing brisk loan business Dec 9, 2006
The typical 504 project includes a loan with a senior lien from a private-sector lender, which covers up to 50 percent of the project cost. A certified development company comes in with a second loan covering up to 40 percent of the deal backed by a 100 percent SBA guarantee, leaving the borrower to contribute 10 percent of the project cost. (Buffalo Business First, NY)
Fitch gives AA rating to Finance Authority bonds Jul 25, 2006
9 million senior lien public project revolving fund revenue bonds, series 2006D. ... 2 million outstanding senior lien public project revolving fund (PPRF) revenue bonds and the A+ rating on the $149. (New Mexico Business Weekly, NM)
Fitch affirms aviation authority rating Jun 26, 2006
6 million of outstanding senior lien bonds and its 'A-plus' rating for the authority's $427 ... The senior lien bonds are secured by a first lien on the net revenue generated by the ... The subordinated bonds are payable from net revenue after payment of the senior lien bonds. (Orlando Business Journal)
Sky Harbor names acting director Jun 24, 2006
Moody's upgraded Phoenix's Senior Lien Airport Revenue Bonds Series 1994, 1998, 2002A and 2002B from an A1 rating to Aa3. In addition, the Junior Lien Airport Revenue Bonds, Series 2002 were upgraded from A2 to A1. (Phoenix Business Journal, AZ)
Bankruptcy, Politics, IRS Disturb Bondholder Dreams May 5, 2006
UMB Bank & Trust, the trustee for $98 million in senior lien revenue bonds sold in 1998, in late April sent out a notice to bondholders updating them on the status of their bonds. This was actually the 14th notice the trustee has sent out, because these bonds have been in distress since late 2003. (Bloomberg -- Columnists)
