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Detroit Bonds

Detroit Defaults On ANOTHER Debt

AP | Posted 10.03.2013 | Detroit

DETROIT -- DETROIT (AP) — Detroit, not unexpectedly, has defaulted on its most recent general obligation bond debt payment, Moody's Investors Servic...

How Detroit's Bankruptcy Impacts Muni Bonds...

AP | MATTHEW CRAFT and CHRISTINA REXRODE | Posted 08.05.2013 | Detroit

NEW YORK -- When Detroit became the biggest city in U.S. history to file for bankruptcy last month, it turned public attention to the municipal-bond m...

Detroit's Bond Ratings Take Another Hit

Reuters | Posted 08.13.2013 | Detroit

June 13 (Reuters) - Moody's Investors Service on Thursday pushed the credit ratings on nearly $8.4 billion of Detroit bonds deeper i...

'Vulture' Hedge Funds Looking To Profit On Detroit Debt

Reuters | Posted 07.08.2013 | Detroit

By Tom Hals May 8 (Reuters) - In the past two decades, a group of specialized hedge funds have transformed corporate bankruptcies, in...

Detroit Sells Bonds To Raise Cash

The Huffington Post | Simone Landon | Posted 03.27.2012 | Detroit

Detroit City Council voted Tuesday to approve a bond sale and immediately free up $19 million in cash for the financially beleaguered city. In a p...