Some Chicago co-managers get a guaranteed piece of the pie

Shields, Yvette
March 1999
Bond Buyer;03/03/99, Vol. 327 Issue 30590, p24
Trade Publication
Focuses on the guarantee received by co-managers of the $67.6 million new-money and refunding bonds issued by Chicago Park District in Illinois. Bonds given to co-managers as part of a retention system that was settled prior to the pricing in February 1999; Co-managers' concern that investors will bypass them and submit orders for the book-runner; Financial advisers; Bond counsel.


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