The three popular suburban Atlanta charter schools that defaulted on $18.93 million of uninsured bonds have proposed a settlement with investors that is expected to result in a loss.
Atlanta-area Charter Schools File Settlement on Defaulted Bonds
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.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY