PPH Revenue Bonds
PPH is planning on raising $150 million this fall using revenue bonds.
Some issues have arisen with the bond offering. Apparently, previous revenue bonds issued in 1993 and 1999 "may prevent PPH from issuing both Revenue and GO bonds if certain financial targets are not met."
(pages 57-65 in the meeting packet below.)
The entire meeting packet is at:
http://civics.robroy.cc/PPHBdSupport081406.pdf (7.7 MBytes)
Some issues have arisen with the bond offering. Apparently, previous revenue bonds issued in 1993 and 1999 "may prevent PPH from issuing both Revenue and GO bonds if certain financial targets are not met."
(pages 57-65 in the meeting packet below.)
The entire meeting packet is at:
http://civics.robroy.cc/PPHBdSupport081406.pdf (7.7 MBytes)
posted by Robroy at 10:04 AM
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