
Bank of America has stopped working with Chicago on the proposed sale of debt the city is owed from fines and fees, and the mayor’s office says officials have been unable to move the deal forward so far this year. The update suggests stalled financing progress for Chicago’s obligations rather than a completed transaction.
Bank of America has stopped working with Chicago on the proposed sale of debt the city is owed from fines and fees, and the mayor’s office says officials have been unable to move the deal forward so far this year. The update suggests stalled financing progress for Chicago’s obligations rather than a completed transaction.
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