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.
A requirement imposed under the Code to pay to the Internal Revenue Service an amount equal to the arbitrage earned on tax-exempt bonds.