TITLE

MIDWEST Bond-Watch

PUB. DATE
January 2005
SOURCE
Bond Buyer;1/26/2005, Vol. 351 Issue 32057, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article presents news briefs related to bond. Chicago, Illinois formally handed over operations of the Chicago Skyway toll road to a private consortium under a 99-year lease for $1.83 billion, finance officials announced. The deal closed Monday morning, at which time Cintra-Macquarie made the $1.83 billion payment via a wire transfer. At 2 p.m., the consortium assumed management of the Skyway's operations. J.P. Morgan Chase & Co. disclosed ties to slavery by its predecessor banks in a filing with Chicago under an ordinance that requires companies seeking city business--including bond work--to reveal any financial gains that may have come from connections to slavery.
ACCESSION #
15821968

 

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