Merrill: O'Hare's 3d-lien Bonds 'Vulnerable'

Shields, Yvette
May 2006
Bond Buyer;5/18/2006, Vol. 356 Issue 32384, p4
Trade Publication
The article reports on the exposure of the 1.5 billion dollars of outstanding third-lien general airport revenue bonds to a possible downgrade in Chicago, Illinois. According to Merrill Lynch & Co., the probable decline would be attributed to the fiscal volatility of airlines and the size of the expansion plans at O'Hare International Airport.


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