Florida's Santa Rosa Bay Bridge Authority, which is in default of more than $116 million of toll bonds, may lose insurance and board members. It is also unclear if bondholders will be paid Jan. 1.
Florida's Santa Rosa Bridge Board Shaky; New Default May Loom
NOV 15, 2012 5:50pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY