InvestorsHub Logo
Followers 1
Posts 15
Boards Moderated 0
Alias Born 11/14/2006

Re: wzebra33 post# 11162

Monday, 11/20/2006 11:52:30 PM

Monday, November 20, 2006 11:52:30 PM

Post# of 63795
It appears the bonds are munis so they'll be federally tax-free and it looks like they're going to be revenue bonds - backed by the future revenues of the company with debt service being paid after operating expenses.

I know Oppenheimer isn't a huge underwriter, so it looks like we couldn't get one of the big guys. Someone want to take the time to see what other companies Oppenheimer has underwritten ~50 million deals for? Would give us a good indication of the probability of success in the eyes of the financial shotcallers, at least.