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Article: Issuance expected to increase during San Francisco mayor's term.(Willie Brown)
- Article from:
- The Bond Buyer
- Article date:
- December 18, 1995
- Author:
CopyrightCOPYRIGHT 1995 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Former California Assembly Speaker Willie Brown, who last week reinvented his political career by winning the San Francisco mayoral election, is expected to lean heavily on bond financing to fulfill campaign promises once he takes office in January.
Market participants say the veteran assemblyman is not afraid to use the capital markets as a way to complete public projects. Brown's win is expected to signal a new era of public finance in San Francisco, from a consummate politician who has always been considered "debt friendly."
"Willie Brown as a legislator has always been willing to use bonds as a means of raising money for schools or what have you," said ...