Rebounding Vallejo, California, Prepares to Reduce the Cost of Its Water Debt
Channel: Build America Mutual (BAM)
Date: 2019-10-22

Vallejo, Calif., is selling $36 million of taxable and tax-exempt municipal bonds to refinance debt sold for capital improvements to its water system. Learn how BAM's analysts reviewed the city's recovery from economic stress that led to a bankruptcy filing a decade ago, and the key strengths that protect bondholders in these new issues.

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 bonds being offered for sale, the Official Statement will identify which bonds are insured. For more information, please view our Terms of Use at:  http://buildamerica.com/terms-of-use