Staggering Indiana Steel Town Hit With Downgrade to Junk Bond Status

Carvlin, Elizabeth
October 2001
Bond Buyer;10/19/2001, Vol. 338 Issue 31247, p4
Trade Publication
Focuses on the downgrading of the issuer credit rating of East Chicago by Standard and Poor in Indiana. Influence of LTV Corp. and Ispat Inland Inc. on the economic condition of the city; Impact of LTV bankruptcy filings on city finances; Details on the general fund deficit of the city at the end of fiscal year 2000.


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