Regional News
BNY Mellon Accelerates Payment of Defaulted Florida Toll Bridge Bonds
Thursday, January 3, 2013
Print
Email
Reprints

Bank of New York Mellon accelerated about $116 million of toll revenue bonds due to ongoing defaults by Florida's Santa Rosa Bay Bridge Authority. The trustee said payment on the bonds is due immediately.

To continue reading, log in, register or subscribe below.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

markets
markets
markets

Social

twitter
facebook
linkedin

Opinion

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.

Upcoming Events

the bond buyer conferences
Already a subscriber? Log in here
Please note you must now log in with your email address and password.