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12-18-2012, 08:32 PM
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Join Date: Jan 2011
Location: Keewatin, Ontario
Country: Canada
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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?

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