Bankrupt Jefferson County, Ala., reached a settlement with Depfa Bank to reduce the interest rate on $162.5 million of variable-rate school warrants. The concession doesn't bode well for other secured creditors, says MMA's Matt Fabian.
JeffCo and Depfa Reach Deal on Defaulted School Warrants
FEB 19, 2013 4:05pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here