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Business, 19.03.2020 18:16 tdyson3p6xvtu

A sewage treatment revenue bond issue is being underwritten on a negotiated basis. The offering consists of $50,000,000 par value of term bonds. The underwriter has agreed to a spread of $45 for each $5,000 bond. The manager has set the additional takedown at $10.00 per bond and the selling concession at $30.00 per bond. After the offering is completed, the issuer will receive:

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A sewage treatment revenue bond issue is being underwritten on a negotiated basis. The offering cons...
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