Featured Municipal Bond in the Market, Week of 05/16/2016
This week’s featured bond comes from the Nashville-Davidson County Metropolitan Government, which scheduled to issue $298 million in general obligation bonds, secured by a pledge of the full faith and credit of the city/county consolidated government, the week of May 16, 2016. The plans for this issuance are to refund general obligation bonds from 2010, 2012, and 2013. Specific and complete security information is available in Nashville’s preliminary official statement, which can currently be found on MuniOS.
Provided at left is a quick snapshot of financial characteristics of the Metropolitan Government of Nashville-Davidson, compared with the sector medians, courtesy of Merritt Research Services, LLC. (Merritt believes the data to be reliable but does not make any representations as to its accuracy or completeness). In addition to the Merritt information related to the featured bond, more information can be found on our municipal bond calendar, city, state, and county pages, and our employment database. These facts and numbers are for informational purposes, and should not be considered an official disclosure for potential investors. Investors should consult the official statement.