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Publication: Mississippi Business Journal
Publication Date: 25-SEP-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Q: I've heard a lot about GO Zone bonds for my business, but I've never issued bonds before. How is this done?

A: Most GO Zone bonds will be issued through the Mississippi Business Finance Corporation (the "MBFC"), a public, nonprofit corporation formed by the State to assist and encourage economic development within Mississippi. GO Zone bonds will be issued through two MBFC programs under which the MBFC issues bonds to the public or to private investors raising funds to lend to qualified businesses. Bonds issued under the general "industrial development revenue bond program" ("201 Bonds") are available to finance most any new or expanding industrial enterprise within the state. Bonds issued under the Rural Economic Development Program ("RED bonds") are limited...

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