BLXonCOMPLIANCE

PBU and Floating Equity - A Balancing Act

Ed Oswald, Orrick - 09/11/2025

In this month’s video, we’ll explore the relationship between private business use (PBU) and floating equity in tax-exempt bond financed projects, a topic that requires careful attention to maintain compliance and maximize flexibility. We’ll break down what floating equity means, how it impacts PBU calculations, and share practical tips for striking the right balance in your organization’s financing strategy.
(September 11, 2025)

In this month’s video, we’ll explore the relationship between private business use (PBU) and floating equity in tax-exempt bond financed projects, a topic that requires careful attention to maintain compliance and maximize flexibility. We’ll break down what floating equity means, how it impacts PBU calculations, and share practical tips for striking the right balance in your organization’s financing strategy.
(September 11, 2025)




Coming soon, look for additional videos related to private business use (PBU), arbitrage rebate, continuing disclosure, and ESG Bonds.

As you navigate the compliance challenges related to issuing and borrowing on a tax-exempt basis, make BLXonCOMPLIANCE a regular part of your routine and join us each month for a fresh new discussion.

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