TITLE

Bank of New York's Deal With Kmart May Cost It $15 Million

PUB. DATE
January 2002
SOURCE
Bond Buyer;1/24/2002, Vol. 339 Issue 31310, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that Bank of New York may incur costs in million as a result of its deal with Kmart Corp. for serving as a credit provider on the sale of a revenue bond. Possibility of finance for the construction of a shopping center in the New York City, New York from the sale; Possible benefits of the shopping center; Support of the bank for the shopping center's construction.
ACCESSION #
8554712

 

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