Detroit's $1.5B Utility Bond Refinancing Succeeds

By Andrew Scurria · August 22, 2014, 5:28 PM EDT

The Detroit Water and Sewerage Department on Friday elected to refinance $1.5 billion in revenue bonds, a success for the city's contested bankruptcy exit plan that should free up additional cash...

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Case Information

Case Title

City of Detroit, Michigan

Case Number

2:13-bk-53846

Court

Michigan Eastern

Nature of Suit

Date Filed

July 18, 2013