NPR Puts Bonds On Sale
March 16, 2010 at 4:21 AM (PT)
TODAY is the day that NATIONAL PUBLIC RADIO is putting $160 million in tax-exempt fixed rate bonds on the market.
The municipal bonds, which were graded AA- by STANDARD AND POOR'S and Aa3 by MOODY'S INVESTOR SERVICE, are intended to finance construction of its new headquarters in WASHINGTON. Construction is planned to start later this year for completion in 2013.