E34- Interview with Randy Rollo on the First Ever – MUD Forward Funding CAB (2 of 2)
In this episode Carter continues his interview with Randy Rollo, President of Randolph Texas Development, related to his tax exempt $36.5MM – Municipal Utility District ("MUD") Forward Funding Capital Appreciation Bond on this Lariat project located in Liberty Hill, Texas. Randy's transaction represents the first of its kind tax-exempt, non-recourse bond issuance which essentially "forward funded" future MUD bonds thereby accelerating cash into the project proforma.
In this podcast you'll learn:
Lessons learned during the bond issuance process;
Why Randy would do another MUD Forward Funding…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.