Keys to Financing Municipal Broadband Projects
October 2 – 9:30 am to 10:15 am
Shore Room
In this session, you will learn:
- There is no “silver-bullet” solution for financing Broadband in the capital markets
- Municipal sponsors will be required to commit wherewithal to the project
- There is no “one-size fits all” financing model/mechanism
- The plan of finance will be unique, as is the Municipality’s Broadband project
- Credit drives structure (…and Structure drives credit)
- Balancing each will require consideration of ultimate cost of capital relative to the features of each plan of finance
- Optimal Plans of Finance may include a mixed strategy of financial products
- Including finance professionals and municipal advisors early in the process will facilitate project implementation (including legal team)
- Current market conditions provide historically low cost of capital for bond issuers