A state-owned hospital that Louisiana Gov. Bobby Jindal hoped to lease for $35 million is worth only $20.9 million at best, according to a new appraisal of the New Orleans Adolescent Hospital.
Low Appraisal for Hospital in Lease Plan
DEC 5, 2012 9:52am 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