A struggling public arena in Wenatchee, Wash., hired Piper Jaffray & Co. to underwrite its upcoming refinancing of $42 million of outstanding defaulted debt. The firm had handled the previous deal that ran into trouble.

The board of the Greater Wenatchee Regional Events Center Public Facilities District also hired Foster Pepper as legal counsel, which employs an attorney that also worked on the previous deal, the according to the Wenatchee World newspaper.

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