WASHINGTON – Analysts and others are concerned that some issuers are entering into bank loans and other alternatives to municipal bond financings that could hurt their finances and investors without fully understanding the potential effects.

They raised their concerns during a panel at the National Federation of Municipal Analysts’ annual conference here on Thursday that focused both on the potential credit impacts of bank loans as well as the Securities and Exchange Commission’s recent proposal to require disclosure of bank loans and other alternative financings.

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