Kutak Rock attorneys John Reardon and Matthias Edrich authored a guest commentary, “Private Activity Bonds for Broadband: A Potential New Solution,” published on February 2 in The Bond Buyer.

The commentary covers the authors’ thoughts regarding a new government program permitting tax-exempt bonds for the financing of broadband facilities. Mr. Reardon and Mr. Edrich examine the nuances of broadband private activity bonds, or PABs; provide suggestions for a broadband PAB applicant or prospective PAB borrower; and explain why the broadband PAB program is a potentially valuable tool for rural communities and the commercial entities that wish to serve them.

Read the full commentary here. (subscription to The Bond Buyer required)

For more than 15 years, John Reardon has successfully addressed legal and business issues facing the highly regulated telecommunications, financial services, and software industries.

Matthias Edrich is a member of Kutak Rock’s national federal tax and public finance practice. His work focuses on U.S. tax aspects of financial instruments, with an emphasis on tax-exempt and tax credit bonds.