DALLAS - Colorado issuers returned to the bond market this week with the first deal since voters on Nov. 3 approved tough tax and spending limits, as government officials continue to sort through the impact of the new restrictions.

The Platte River Power Authority on Monday sold a $115 million revenue refunding deal that bond counsel Sherman & Howard in Denver said was exempt from provisions of the Taxpayer's Bill of Rights passed two weeks earlier.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.