CHICAGO — The Detroit Water and Sewerage Department has pushed back a $500 million debt issue that was planned for Thursday to give officials time to work through a crippling dispute with Michigan that threatens to bankrupt the city.

The department now plans to come to market next week. Detroit owns the utility systems but they are operated as separate enterprise funds, and most of their revenues come from customers outside the city. Still, the credit faces Detroit-related headline risks heading into the market.

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