The $500 million in Barclays Center bonds are expected to be sold "early next week", says an officer of Bruce Ratner's parent company. They're investment grade, meaning low risk. But there's also another $146 million in corporate bonds for nearby infrastructure and they've been rated "junk" or high risk. They're being issued by the arena holding company and Mikhail Prokhorov may buy them.
- Brooklyn Arena Holding Company LLC's Debt Is Rated Preliminary 'B', Outlook Stable - Standard & Poor's
- So other arena bonds really are junk - Norman Oder - Atlantic Yards Report