Essential Infrastructure for a US Semiconductor Industry
Channel: Build America Mutual (BAM)
Date: 2023-06-09

The Greater Texoma Utility Authority is selling $209 million of revenue bonds to fund water and wastewater investments that will support the development of a semiconductor manufacturing hub in Sherman, Tex., north of Dallas. BAM's Ben O'Malley discusses the risks he reviewed in underwriting the bonds and why they qualified for insurance from Build America Mutual.

Please Note: These videos do not constitute individual investment recommendations or advice. Investors considering the merits of a particular debt issue should read the Official Statement prepared for it. If BAM insurance has been purchased for some but not all of the bonds being offered for sale, the Official Statement will identify which bonds are insured. For more information, please view our Terms of Use: http://buildamerica.com/terms-of-use