DALLAS - After a showdown with opponents over the wisdom of building a 1,000-room convention center hotel, Dallas plans to issue $496 million of bonds for the project on Monday, if market conditions permit.

Dallas chief financial officer Dave Cook said the City Council put several parameters on the sale, including a requirement that the interest rate be 5.5% or less.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.