clock menu more-arrow no yes

Filed under:

"Definitely Demand" For Arena Bonds, Says Expert

New, comments

The $500 million in Barclays Center bonds being offered this week should be priced at around 7%, slightly higher than those used to build Yankee Stadium and Citi Field. Experts expect the bonds will be sold. "If it’s structured right and priced right, there’s definitely demand," said an expert in tax-exempt bonds. "It looks like, after all this time, the Nets have the green light", added a sports marketing expert.