Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
twiter
New to Comunitee?


or Sign Up with Email

Us

>> DETROIT BANKRUPTCY Latest News

10 HOURS AGO - Yahoo! News

A Must Read - Share

Detroit's $1.8 billion refunding bonds priced in muni market

(Reuters) - Detroit completed the pricing on Tuesday of $1.8 billion of water and sewer refinancing bonds related to a tender offer aimed at dealing with a big chunk of the bankrupt city's debt. A day after receiving approval from a federal judge overseeing its historic bankruptcy case, Detroit offered the bonds in the U.S. Underwriters led by Citigroup priced ...

Tags: Detroit's $1.8 billion refunding bonds priced in muni market,  Detroit Bankruptcy Latest News

11 HOURS AGO - San Francisco Chronicle

A Must Read - Share

Detroit resumes shutting off water service

DETROIT (AP) — Bankrupt Detroit resumed shutting off water to people who have not paid bills after a month long suspension that followed international and local criticism that the practice was unduly harsh to residents of one of the nation's poorest cities. The city said it was scheduled to deny service to 420 customers Tuesday, although it was not immediately ...

Tags: Detroit resumes shutting off water service,  Detroit Bankruptcy Latest News

AUG 25, 2014 - Yahoo! News

A Must Read - Share

Bankruptcy judge approves Detroit water/sewer bond plan

A bankruptcy court judge on Monday approved Detroit's proposal to repurchase nearly $1.5 billion of existing water and sewer revenue bonds tendered by investors and to refinance the debt to save money. The ruling by Judge Steven Rhodes, who is overseeing Detroit's historic bankruptcy case, clears the way for the sale of about $1.8 billion of refunding bonds to pay ...

Tags: Bankruptcy judge approves Detroit water/sewer bond plan,  Detroit Bankruptcy Latest News

AUG 21, 2014 - Yahoo! News

A Must Read - Share

Regional water authority envisaged in latest Detroit bankruptcy plan

(Reuters) - Detroit has once again raised the possibility of having a regional water and sewer system authority in the latest version of a debt adjustment plan the city filed in the U.S. The new draft of the plan -- the last one expected ahead of a financial feasibility trial scheduled to open in early September -- also includes the ...

Tags: Regional water authority envisaged in latest Detroit bankruptcy plan,  Detroit Bankruptcy Latest News

AUG 14, 2014 - Yahoo! News

A Must Read - Share

Detroit City Council approves bonds to pay bankruptcy settlements

(Reuters) - The Detroit City Council on Thursday approved four bond issues to raise cash to pay settlements with some city creditors, according to the city clerk's office, offering a glimpse at how Detroit intends to finance its exit from the biggest-ever municipal bankruptcy.

Tags: Detroit City Council approves bonds to pay bankruptcy settlements,  Detroit Bankruptcy Latest News