Smith’s Research & Gradings is grateful to Tom Weyl, Managing Director, Head of Municipal Solutions, Celadon Financial Group, for the opportunity to speak and sponsor the SPACE TECH SUMMIT in New York City on September 10th. The one-day event comes at an important hinge point in the development of commercial operations in Space. Under the One Big Beautiful Bill Act (1BBA) Space Ports are expressly permitted to be financed with tax-free municipal bonds, without cap limitations.
Armand R. Pastine, Senior Managing Director, Celadon Financial Group lead a panel of lawyers who described the necessary next steps, including, Sean Garin, Partner, Public Finance Practice, Dinsmore & Shohl LLP; Johnny Hutchinson, Special Tax Partner, Project Finance & Public Finance, Nixon Peabody LLP and T.J. Mancuso, Partner, Kline Alvarado Veio, P.C.
Smith’s Space Port Grades provide a comprehensive review of the infrastructure, as well as funding, which can serve as a foundation for municipal credit analysis (contact Pam Kilbourn about how to obtain the Research & Gradings).
At first glance, the Space Port Bonds could appear to be an “Out of This World” investment opportunity, but Nic Malas, Managing Director, Bancroft Capital moderated a panel that expressed some skepticism… Read More
Inside This Edition
- People & Places
- Illinois Scores Upgrades and Positive Outlook
- Bond Infusion Helps Norman Hospital Off Life Support
- The Bond Buyers
- TRUMP’s 1BBA Launches Tax-Exempt Bonds For Space Ports
- Racial Discrimination Could Cost Private Schools
- Tax-Exempt Status
- Smith’s Bolivia’s Sovereign and E-Mobility Gradings