Huntington National Bank celebrates the grand opening of Detroit's Huntington Tower, located at 2025 Woodward Avenue. The new tower is located in the heart of The District Detroit, a world-class, mixed-use sports and entertainment district emerging...
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September 22, 2022, 07:10 AM
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Wintrust Receivables Finance (WRF) closed a new $20 million credit facility for a Detroit-based provider of engineering and other high-end technical professionals. Through the years, the company has become the preferred staffing agency for some of...
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September 23, 2021, 07:08 AM
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Kevyn Orr, the Emergency Manager for the City of Detroit ("Detroit" or the "City"), today announced that the City has received a commitment for senior secured post-petition financing of up to $350 million from Barclays. The proceeds of the financing...
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October 14, 2013, 08:02 AM
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Thomson Reuters reports Detroit, which made the largest Chapter 9 municipal bankruptcy filing in U.S. history, on filed a request for proposals for $350 million in unprecedented financing, the city emergency manager's office said. Detroit is the...
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September 03, 2013, 07:11 AM
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Reuters reported that public labor unions in Detroit asked a U.S. court to toss the city's bid for protection from its creditors because it is constitutionally flawed on both the state and federal levels.According to the Reuters report, a union that...
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August 20, 2013, 07:19 AM
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Reuters reported Detroit's public-employee pension funds, bondholders, bond insurers, vendors, retirees and others expected to oppose the city's bankruptcy filing have until the end of the day today to file objections in U.S. Bankruptcy Court....
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August 19, 2013, 07:14 AM
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