Buffalo’s Home County to Issue ‘Bills Bonds’ for NFL Stadium
When it comes to the construction of the Buffalo Bills’ $1.7 billion new stadium, local officials are taking the concept of “public financing” to a new level. On…
Bonds
Yankees Sold $199 Million in Tickets Ahead of 2024 Season
The New York Yankees sold $199 million in tickets ahead of this season, just about on pace with last year, as the Bombers continue to be one of baseball’s best…
FSU Seminoles Eye $327M From Revenue Bonds Amid ACC Fight
The Florida State University athletic department is looking to raise $326.6 million from an upcoming bond offering as administrators speak openly about the Seminoles…
NFL Teams Take Advantage of New Debt Limits, Float $1.5B in Loans
NFL franchises are selling well more than a billion dollars of new debt, taking advantage of expanded debt limits permitted by the league in October. The NFL’s…
Las Vegas Super Bowl Stadium Tab Tests Taxpayers’ MLB Appetite
Before Allegiant Stadium was ever built, the city of Las Vegas expected this Sunday to come. One of the implicit rewards of building a new domed stadium for the Raiders…
Yankees Sold $279 Million in 2023 Tickets Despite Playoff Whiff
The New York Yankees sold $279.2 million tickets for the 2023 season, according to a filing through the municipal bond disclosure system Wednesday. The tally is a…
March Madness 2023: Final Four Buries Pandemic Era’s Arena Bond Fears
With the women’s Final Four at the 20,000-steat American Airlines Center in Dallas and the men’s finale at 71,000 seat NRG Stadium in Houston, more than 200,000 fans are…
Topps Debt Rating Downgraded on Loss of MLB Deal, SPAC Shutdown
The credit rating of trading card giant Topps Co. has been pushed deeper into junk bond territory as last week’s loss of Major League Baseball’s license for cards…
Legends Hospitality Taps Bond Market as Sixth Street Takes Control
Legends Hospitality seeks to raise as much as $500 million in a credit facility and notes to help the firm wait out the severe disruption to live events caused by…
Steve Cohen Billions Mean Citi Field Bonds May See Ratings Hike
Steve Cohen’s recent purchase of the New York Mets is not only heartening to fans, it’s pleasing the bond market too. More than $593 million in outstanding bonds used to…
Michigan State Issues $91.4 Million in New Bonds to Refinance Nassar Settlement Debt
Michigan State University is refinancing the roughly $90 million of debt left on the original bonds it issued to settle the lawsuits associated with former athletics…
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