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Article: Green Bay-Brown County Board Ready With Packers Deal scale 96%.
- Article from:
- The Bond Buyer
- Article date:
- April 17, 2001
- Author:
CopyrightCOPYRIGHT 2001 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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The board overseeing the $295 million renovation of Green Bay, Wis.'s Lambeau Field will sell $70 million of fixed-rate bonds and $30 million of floating-rate paper next week in a deal that will wrap up public financing for the project.
The stadium is home to the National Football League's Green Bay Packers. The deal comes roughly two weeks after the state's Board of Commissioners of Public Land Trust approved the purchase of $75 million of taxable bonds from the board, formally called the Green Bay-Brown County Professional Stadium District, in a private placement. The district will pay an average 5.2% yield on the taxable deal, according to district executive ...