Detroit’s New Swaps Deal Cuts Bank Payment to $165 Million

Detroit reached a new settlement in a bid to end interest-rate swap contracts with UBS AG and Bank of America Corp., cutting the termination amount to about $165 million from $230 million.

To continue, please sign in or become a member.
Join the On Wall Street
Community
MEMBERSHIP IS FREE
  • Access to essential information that independent advisors need to make informed decisions
  • Exclusive E-Newsletters delivering the latest headlines to your inbox
  • Access to white papers, web seminars, blogs, discussion boards, and CE exams
Have an account?
SIGN IN HERE
Remember me Forgot password?