Thursday, May 13, 2010

Bonds and Bio Fuels

Can the bond market solve the biofuels financing crisis? The USDA thinks 'maybe so', after an industry group pioneers a new approach, according to Biofuels Digest. In Washington, a team from the investment bank Stern Brothers, and the law firms Mintz Levin and Kreig DeVault have developed a bond-oriented approach that has received favorable initial reaction from the USDA, and may well shift the paradigm for financing the commercialization of biofuels.

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