Bond-Financed Philips Arena Set To Lose NHL's Atlanta Thrashers
The Bond Buyer
The National Hockey League's Atlanta Thrashers will be sold and move to Canada, leaving a void at the $213 million bond-financed Philips Arena. Bond counsel Douglass Selby confirms the arena operator has never missed a bond payment, and the issuer, the city and the county monitor the arena's performance closely. Selby's practice focuses on public finance including serving as bond and underwriters' counsel for government and private activity bonds and corporate representation of governmental authorities as outside general counsel.
