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Glasfiber funding.(Real Deals: A Look at Important Real Estate Transactions)(LM Glasfiber A/S)(Brief article)


A $90 million bond issue is backing a wind blade plant in east Little Rock. LM Glasfiber of Denmark obtained the 20-year financing through the city of Little Rock.

The bonds are secured by the 135acre development at 7301 Lindsey Road and the company's interest in leased facilities at 7400 Scott Hamilton Drive.

The acreage was acquired for $5.4 million in August 2007 from the city.

COPYRIGHT 2009 Journal Publishing, Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2009 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company.

NOTE: All illustrations and photos have been removed from this article.


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