Add Xenia Rural Water District’s to the short but growing list of over-leveraged municipal borrowers. With $143 million in debt and about 9,000 customers, the unfolding socio-gram includes bondholders, bond insurers CIFG and Assured Guaranty, the US Department of Agriculture, Read more…
Tag: bond insurance
Insured 2007 bonds were sold to finance road construction for the Avery Ranch master planned community north of Austin, Texas. Download the report.
A sample report on this district’s fiscal condition, 2005 bonds insured by AMBAC, no underlying rating, is available for your review.