Some Info
Posted on: February 17, 2025 at 18:40:21 CT
ScottsdaleTiger MU
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Mizzou has a number of activities besides the Tiger AD that generate income and require capital from time to time. The Board of Curators appears to have established an entity to obtain those funds through the sale of bonds to bond investors. My information is the sales are handled by Goldman Sachs and are made to bond investors, institutions and other corporaste and/or municipal bond investors.
Essentially, it’s very similar to business corporations and government entities salling bonds for fundtion.
The how the bond proceeds will be used is apparently designated in the bond documents.
My source had no data as to how many such Athletic Department bond issues are outstanding.
Edited by ScottsdaleTiger at 19:32:15 on 02/17/25