Keep Austin Music Weird Bonds

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Me and me colleagues at Neighborly Corp will be raising money for Austin's music scene through the underwriting of a municipal offering. We are doing the deal for free. Details to be forthcoming.

Go Neighborly!

Austin, TX

The Office of Austin Mayor Steve Adler submitted an application for “Keep Austin Music Weird Bonds.” The bonds will be used to stimulate targeted economic development in the City’s music industry. Austin is one of the fastest growing cities in the nation and the leading live music city in the world. The proceeds of the bond will be used to purchase and preserve iconic venue spaces, to facilitate the acquisition of new spaces, and to derive economic activity from ensuring the music industry has the space to perform and develop.

 

https://neighborly.com/

 

whats the coupon? or are they zero coupon?

No, the coupon will be established at pricing, which won't occur for some months.

We are going to also reduce the minimum denomination of the bonds, to make them more affordable to a wider demographic.

cool idea!

good luck...keep us posted