Print Email Reprints Share

The Arizona Sports and Tourism Authority last week said it would make fiscal 2010’s $16 million debt-service payment on the $275 million of revenue bonds it issued to finance the $455 million University of Phoenix Stadium in Glendale.

Officials, however, said the AZSTA will have to cut back on funding other projects due to an unexpected decline in revenue.

Subscribe Now

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

14-Day Free Trial

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