A Strange Tale: How Muni Bonds Will Become Shares Of The Largest Airline |
| March 24, 2013 | March 2013 Bond Updates |
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Municipal bondholders that purchased debt to finance airport expansions may become shareholders of the world’s largest airlines. They have been caught in a drama involving two airlines, one bankrupt (American Airlines) and one not (US Airways). The story looks to have a happy ending for bondholders, with the bonds trading above their issue price in many cases. |
| View more at: http://www.forbes.com/sites/marcprosser/2013/03/24/a-strange-tale-how-muni-bonds-will-become-shares-of-the-largest-airline/ |
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