On December 30, 2024, the IRS and Treasury Department released final regulations regarding the reissuance analysis of tax-exempt bonds which finalize proposed regulations issued in 2018 (with some technical corrections). The final regulations are significant in that, firstly, they are intended to coordinate prior guidance in Notices 88-130 and 2008-41 regarding qualified tender bonds with … Continue Reading
As we told Naomi Jagoda of The Bond Buyer back in July ($), we are seeing many issuers that have become jaded with their BABs and want to refund them with tax-exempt bonds. Assuming that these issuers engaged a bond counsel firm that was wise enough – nay, truly heroic enough – to have foreseen … Continue Reading
