Regional News
Ad Hoc Creditors Group Seeks Relief from JeffCo's New Sewer Rate Structure
Monday, November 12, 2012
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An "ad hoc" group holding $676 million of Jefferson County, Ala.'s sewer warrants says the bankrupt county has failed to propose reasonable sewer rate increases that protect their holdings.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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