A confidential report to the bankrupt city offers a loan of $500 million to $3 billion, collateralized by pieces in the Detroit Institute of Arts, at a rate of Libor plus 5.5 to 8.5 percentage points.
via NYT > Business Day http://ift.tt/1wztyr1
via WordPress http://ift.tt/1wzDOzF
No comments:
Post a Comment