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bond sinking fund

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bond sinking fund
See sinking fund provision.
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Debt service beyond fiscal 2006 has not been reduced as a result of the refunding as TSA is taking the savings up front to fund capital expenditures and will make a termination payment on an investment contract entered into in 2000 with Lehman Brothers with proceeds released from the series 1997 bond sinking fund.
Fitch Rates Tampa Sports Authority, Florida's CIT Revs 'AA', Sales ... by Business Wire
Senior bond sinking fund principal payments begin in 2006, and final maturity for these is in 2015.
Fitch Affs Cleveland, OH Rock & Roll Museum Bds 'BBB' by Business Wire
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