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Municipal Bond Credit Research: American Dream sees first default on PILOT bonds

by

Geoff Weitzel

Municipal Bond Credit Research Report: New Jersey megamall American Dream last week missed an interest payment on $800 million of so-called PILOT bonds, marking the first default on that part of the mall’s debt stack… Link to Story

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We sell Municipal and Corporate issuer credit risk research. We also manage two partner seeded private funds for information purposes using our research; a liquidity fund and a multi-asset fund.

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