Mikhail Prokhorov has restructured Barclays Center debt, saving $90 million in future interest payments owed on the home of the Brooklyn Nets (NBA) and the New York Islanders (NHL). (more…)
Tag Archives | debt
Dallas to pay off American Airlines Center bonds early
Thanks to tax revenues that exceeded expectations, the city of Dallas will be retiring debt on American Airlines Center more than 15 years early. The debt — some $140 million, issued in 1998 — was scheduled to be paid off in 2027. However, tax revenue from hotel and car-rental taxes flowed in at a much […]
