Posts Tagged ‘Bond defaults’
Another payment miss expected for grant-backed American Dream bonds
Tax-exempt bonds issued for the American Dream mega mall backed by New Jersey economic development grants are poised to miss a third straight interest payment.
Read MoreObjections filed against U.S. trustee’s motion in Arizona sports venue bankruptcy
Bondholders, other creditors, and the venue’s owner argued the U.S. trustee’s move would be detrimental for a plan to sell the facility to maximize recoveries.
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