Michigan Municipal Bond Authority Offers Supplemental Borrowing

Tagged:  •    •  

The Michigan Municipal Bond Authority would like to invite you to participate in their upcoming series 2008B State Aid Note program. This supplemental cash flow loan program offers districts the opportunity to pool together for reduced costs of issuance, access to the capital markets, competitive interest rates, and an efficient borrowing process.

The Series 2008B notes, an 8-month issue, will close approximately early to mid-December 2008. If you are in need of a short-term note, please contact the Authority no later than November 7, 2008.

The Michigan Municipal Bond Authority has been an alternative financing source for cash flow borrowing, infrastructure projects, and low cost access to the public finance market for Michigan local units of government and schools since 1986.

Contact Daniel Mullin at (517) 335-0994, for further information or questions you may have.