Loop Capital Senior Manager for the City of Dallas
November 9th, 2010
On November 8-9, 2010, the City of Dallas successfully completed the sale of $237.3 million in Refunding Bonds and new money Contractual Obligations, with Loop Capital acting as senior manager for the City. The refunding, consisting of both taxable and tax-exempt portions, generated 5.48%, or $8.2 million, in net present value savings in fiscal years 2012 and 2013 for the City.