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NYC College Wants to Skip Debt Payments While It Sells Off Part of Campus.
- Source :
- Bloomberg.com; 8/21/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- In 2014, Metropolitan College sold bonds to help build its Manhattan campus, which opened in 2016. The campus is close to the World Trade Center and is "underutilized" after enrollment dropped, the college told bondholders earlier this month. [Extracted from the article]
- Subjects :
- DISTRESSED securities
BEREAVEMENT
DEBT
FINANCIAL crises
POOR people
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 170045417