Junk-rated Chicago schools eye $1.9 billion of debt sales

by reuter.com
http://ift.tt/pnED7n
CHICAGO (Reuters) - The Chicago Board of Education will vote next week on a plan to keep its junk-rated school system afloat with a note sale of up to $1.55 billion, along with the refunding of as much as $385 million of outstanding bonds, according to a meeting agenda released on Thursday.


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