CRA faces challenge in refinancing mortgage bonds; underwriter faces May 16 deadline to lower interest rate.

Summary


Los Angeles Community Redevelopment Agency; Grigsby Brandford Powell Inc.

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CRA faces challenge in refinancing mortgage bonds; underwriter faces May 16 deadline to lower interest rate.

The Los Angeles Community Redevelopment Agency will be jumping through a series of hoops in its quest to refinance the $31.3 million balance on some of its outstanding mortgage revenue bonds by May 16 to take advan...

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