Regional News
CCRC Bond Restructuring Advances
Thursday, November 29, 2012
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The federal bankruptcy court in Chicago has signed off on a suburban Chicago retirement community's reorganization plan that relies on a $90 million bond issue to restructure its $116 million 2006 issue.

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Opinion

Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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