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2008 purchase of $600 million of bonds

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Fred Gorman

Post subject: 2008 purchase of $600 million of bonds

Posted: Thu Feb 12, 2009 9:56 am

What rate payer advantage, logic or argument can support LIPA not paying any principal on this $600 million bond until 2030?

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Guest

Post subject: Re: 2008 purchase of $600 million of bonds

Posted: Thu Feb 12, 2009 9:02 pm

Fred Gorman wrote:

What rate payer advantage, logic or argument can support LIPA not paying any principal on this $600 million bond until 2030?

That is nuts. Can you prove it?

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gipcfred

Post subject:

Posted: Thu Feb 12, 2009 10:46 pm

Site Admin

Joined: Wed Apr 07, 2004 10:55 pm
Posts: 361

Go to http://www.lipalies.com/08LIPABonds.pdf scrole down to page 13 and see for yourself
Fred

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Guest

Post subject:

Posted: Fri Feb 13, 2009 8:20 am

gipcfred wrote:

Go to http://www.lipalies.com/08LIPABonds.pdf scrole down to page 13 and see for yourself
Fred

How did you get the Bond?

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Guest

Post subject:

Posted: Wed Feb 25, 2009 8:46 pm

How much bond debt is LIPA carring

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