Detroit reaches $120 mln loan deal with Barclays | Business Information & News | Westlaw

Detroit reaches $120 mln loan deal with Barclays | Business Information & News | Westlaw

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Detroit reaches $120 mln loan deal with Barclays

Steven C. JohnsonREUTERS (Approx. 3 pages)

Detroit reaches $120 mln loan deal with Barclays

Steven C. JohnsonREUTERS (Approx. 3 pages)

3/7/14 REUTERS 13:08:53
REUTERS
Copyright © 2014 Thomson Reuters
March 7, 2014
Detroit reaches $120 mln loan deal with Barclays
Steven C. Johnson
(Reuters) - Detroit said in a court filing on Thursday it had reached an agreement with Barclays PLC for a $120 million loan that would allow it to invest in services and speed its path out of bankruptcy.
The deal comes after the judge overseeing...
---- Index References ----
Company: MERRILL LYNCH CAPITAL SERVICES INC; BARCLAYS PLC; UBS AG
News Subject: (Corporate Events (1CR05); Corporate Restructuring (1RE42); Taxation (1TA10); Corporate Groups & Ownership (1XO09); Bankruptcies (1BA08); Business Management (1BU42))
Industry: (Banking (1BA20); Financial Services (1FI37); Accounting, Consulting & Legal Services (1AC73); Loans (1LO12); Retail Banking Services (1RE38))
Region: (Americas (1AM92); North America (1NO39); Michigan (1MI45); U.S. Midwest Region (1MI19); USA (1US73))
Language: EN
Other Indexing: (Steven Rhodes)
Keywords: bankruptcy (MCC:f); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OEC)
Word Count: 299
End of Document© 2024 Thomson Reuters. No claim to original U.S. Government Works.