Conduit Financing
Financing in which the Issuer issues the bonds to finance a project to be used primarily by a third party.
The Issuer in a Conduit Financing.
See Also
Financing in which the Issuer issues the bonds to finance a project to be used primarily by a third party.
Bonds issued by an Issuer in a conduit financing.
The private business that either receives the proceeds of the tax-exempt bonds through a loan by the issuer to fund all or a portion of a capital project or leases the facility financed with the proceeds of the tax-exempt bonds.
Another name for a UCC form, filed in the state and/or county where the security for the repayment of the bonds is located or the transaction is taking place, which may be required to perfect a security interest in certain property and revenues.