The International Falls Economic Development Authority tomorrow will offer $11.5 million of taxable lease revenue bonds backed by a general obligation pledge of the federal government to finance construction of a new National Park Service headquarters.

Located on the Canadian border in northeast Minnesota, with a population of 6,300, International Falls has no outstanding debt. The transaction marks the authority’s first bond sale.

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.