The YMCA of Greater Houston is no longer under threat of downgrade to junk status from Moody's Investors Service as the nonprofit prepares to restructure its $196 million of outstanding debt.
YMCA of Houston Escapes Downgrade Threat Ahead of $101M Restructuring
DEC 24, 2012 12:58pm 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