Build America Bond subsidy payment reduced by sequestration took center stage as several prominent Virginia issuers came together to discuss their bond financings with investors Friday.

Richmond-based investment firm Davenport & Company organized the first annual Virginia Investor Conference to bring together issuers and investors in a non-transaction setting, said Jamie Traudt, the company's senior vice president. Traudt said he hoped that by bringing together several large issuers, it would create a draw for investors and allow them the chance to have top issuer officials answer their questions.

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