Handbook for Muni-Bond Issuers

by Mysak, Joe; Bloomberg, Michael R.

• ISBN13: 9781576600238
• ISBN10: 1576600238
• Edition: 1st
• Format: Hardcover
• Copyright: 1998-04-01
• Publisher: Bloomberg Press

Summary

The Handbook for Muni-Bond Issuers provides professionals with succinct guidance on what issuers need to know before beginning the issuance process - choosing a method of sale, getting the right financial advice, disclosure and legal guidelines, and lowering the cost of financing. It includes a detailed discussion of what happens prior to a sale through what to expect after the close. Author Joe Mysak takes issuers through the process, step-by-step, with smart answers and pragmatic strategies for success in today's muni-bond market. This book provides an insider's perspective on choosing a method of sale, finding the right financial advisers, what to expect from regulators, and earning a high credit rating.

Author Biography

Joe Mysak is a columnist for Bloomberg News. Formerly, he worked at The Bond Buyer as editor and publisher, as editor of American Banker, and also as editor of both Grant's Municipal Bond Observer and Grant's Municipal Bond Issuer. He wrote The Guidebook to Muncipal Bonds with George J. Marlin and edited The Bond Buyer's centennial edition.

Table of Contents

Foreword	xi
Michael R. Bloomberg
Introduction	1	(17)
CHAPTER 1 Getting Started The basics	18	(16)
CHAPTER 2 Choosing Your Method of Sale Negotiated or competitive?	34	(20)
CHAPTER 3 Getting Advice What your financial adviser can do for you	54	(10)
CHAPTER 4 How to Sell Bonds the Right Way Paying the lowest interest cost	64	(26)
CHAPTER 5 The Role of the Underwriter Watch what they do	90	(16)
CHAPTER 6 How to Get into Trouble You are responsible for your bonds	106	(10)
CHAPTER 7 The Bond Counsel The gatekeepers	116	(8)
CHAPTER 8 Who Buys Your Bonds? A smaller group than you'd think	124	(10)
CHAPTER 9 Public Relations How to win bond elections	134	(10)
CHAPTER 10 What Happens in a Bond Sale Step by step	144	(8)
CHAPTER 11 Credit Ratings A continuing relationship	152	(18)
CHAPTER 12 After the Sale Don't get burned	170	(4)
Resources and Glossary	174	(24)
Index	198