Philadelphia Orchestra asks for loan | Philadelphia Inquirer | 2011-...

09/29/11


Philadelphia Inquirer (blog)

Philadelphia Orchestra asks for loan | Philadelphia Inquirer | 2011-09-29
Philadelphia Inquirer (blog)
L. Frank — will add to the orchestra's growing bankruptcy tab. The proposed loan, from Sun Federal Credit Union, comes with an interest rate of 7¼ percent (9¼ percent if the Association defaults or moves to chapter 7 bankruptcy), and closing costs of ...

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