PFG President, John Finke and vice president, Matt Calcavecchia were interviewed by The Bond Buyer’s south east regional editor, Shelly Sigo, to discuss using tax-exempt bonds in p3 structures. While the article is focused primarily on Florida and the south east region, we think the basic concepts articulated of this article relate to the industry on a national scale. Ms. Sigo writes:
Tax-exempt bonds give municipal issuers a unique advantage in negotiating public-private partnerships, a factor that some municipal market and legal advocates say should not be overshadowed.
The fact that tax-exempt financing – the lowest cost of funding – is only available in the U.S. can be obscured as industry supporters encourage the broad use of public-private partnerships to fund large and small projects, they said…
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