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News
Kevin Woods Quoted in WSJ Online
By: admin / April 18th, 2013
April 16, 2013, 4:21 p.m. ET
Birmingham Water Offers Muni Deal at Punitive Rates
By Kelly Nolan
…..
Kevin Woods, principal at Asset Preservation Advisors in Atlanta, said his firm placed an order for some of the Birmingham Water debt. He said the water system had “very good diversification,” providing service to many people outside of Jefferson County, and a very low delinquency rate.
He also said the amount of revenues Birmingham Water collected was more than adequate to cover its debt service payments. “This is priced way too cheap for what it is,” said Mr. Woods, whose firm oversees about $2 billion in munis.
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Read the whole article here: WSJ Article
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