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The Bonds sold included a $1.5bn five-year bond and a $1.3bn term loan to be fully repaid in three and a half years. [16] [17] In November 2017, six executives working for Citgo, including five American citizens, were arrested while attending a meeting at the headquarters of PDVSA in Caracas, and as of June 2020 remained imprisoned without ...
CHICAGO — As Mayor Brandon Johnson’s bid to borrow $1.25 billion to fund housing and development moved forward in the City Council Tuesday, it faced an unexpected roadblock: an alderman ...
Lemont Refinery. / 41.64; -88.058. Lemont Refinery is an oil refinery in Romeoville, Illinois owned and operated by Citgo Petroleum Corporation. Originally constructed in the early 1920s, it was reconstructed between 1968 and 1970 by its then owner Union Oil [1] and has a current crude processing capacity of 177,000 barrels per day. [2]
Drexel Burnham Lambert Inc. was an American multinational investment bank that was forced into bankruptcy in 1990 due to its involvement in illegal activities in the junk bond market, driven by senior executive Michael Milken.
The Citgo auction, where ConocoPhillips has emerged as a surprise bidder, could become the biggest event of its kind ever held. Machado, a 56-year-old industrial engineer, has repeatedly rejected ...
The Chicago Community Bond Fund is a non-profit bail fund that through donations from the public posts bail bonds for people who could otherwise not afford it. Starting from an informal effort to bail out several people who were arrested at a vigil for a Black man who had been killed by the Chicago Police, the fund saw a considerable increase in donations following the murder of George Floyd ...
The Chicago Board of Trade ( CBOT ), established on April 3, 1848, is one of the world's oldest futures and options exchanges. [1] On July 12, 2007, the CBOT merged with the Chicago Mercantile Exchange (CME) to form CME Group. CBOT and three other exchanges (CME, NYMEX, and COMEX) now operate as designated contract markets (DCM) of the CME Group.
NYSE Chicago, formerly known as the Chicago Stock Exchange ( CHX ), is a stock exchange in Chicago, Illinois, US. The exchange is a national securities exchange and self-regulatory organization, which operates under the oversight of the U.S. Securities and Exchange Commission (SEC). Intercontinental Exchange (ICE) acquired CHX in July 2018 and ...