View Single Post
Old
12-18-2012, 08:32 PM
  #22
davemac1313
Registered User
 
davemac1313's Avatar
 
Join Date: Jan 2011
Location: Keewatin, Ontario
Country: Canada
Posts: 524
vCash: 500
Quote:
Originally Posted by Thomas L View Post
So Glendale did their excise bond issue without incident on Friday. $239 million, 5% coupon, bid at premium. Not sure the effective yield but I guess 3% to 4%. Should help the cause.
What does that even mean? I'm just a dumb hockey fan, did they sell? does this mean they were able to reduce the debt payment as they hoped?In Killions mysterious conspiracy world, who is the buyer of these bonds and what hold do they now have on the new city council?

davemac1313 is offline