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Detroit Bonds

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 into the junk cat...

'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...