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HTMLTaxable Financing an Attractive Option for 501(c)(3) Borrowers
Stephanie H. Massey, Kris A. Moussette; Edwards Wildman Palmer LLP;
Legal Alert/Article
August 9, 2012, previously published on August 2012
With the spread between taxable and tax-exempt yields closer than it has been in years, borrowers that normally would issue tax-exempt debt are looking more and more to the taxable market. In lieu of issuing tax-exempt bonds in a conduit transaction through a governmental issuer, borrowers are...