Detroit Wins Approval For $1.5B Utility Bond Refinancing

By Jeff Sistrunk · August 25, 2014, 11:17 PM EDT

The city of Detroit on Monday won a bankruptcy judge's approval for its proposal to refinance nearly $1.5 billion in water and sewer bonds, a transaction that is expected to free...

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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