Welcome, Thursday, September 9, 2010

District of Columbia’s Multimodal G.O. Bonds

Loop Capital Markets served as sole underwriter on $49.075 million for the District of Columbia’s Multimodal G.O. Bonds.
 

Loop Capital Markets served as sole underwriter on $49.075 million for the District of Columbia’s Multimodal G.O. Bonds (Auction Rate Securities), Series 2004C-3. 

 
The bonds were issued to finance a portion of the District’s fiscal year 2005 capital improvement programs.  With the full effort of our salesforce and distribution capabilities, Loop Capital Markets smoothly and successfully priced the issue on December 8, 2004 as 35-day auction rate securities during the year-end carryover period known for muted demand.