Haircuts, bond exchange mark Chapter 11 exit for troubled Illinois h...

03/07/18


Bond Buyer

Haircuts, bond exchange mark Chapter 11 exit for troubled Illinois hotel
Bond Buyer
CHICAGO – A U.S. bankruptcy court judge has cleared the path for the Lombard, Ill., Public Facilities Corp. to restructure its $190 million of hotel and conference center bonds, giving the project breathing room through bondholder haircuts and by ...

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