In the month of September 2014, the Indiana Toll Road (ITR) in the US Mid west, privatized as a 75-year concession at an impressive price of US$3.8 billion only nine years previously, filed for Chapter 11 bankruptcy , having chalked up US$6.3 billion of debt.
In the subsequent sell off the ITR managed to attract an even larger bid than before - of US$5.72 billion.
PUBLICATION DATE: May 27, 2016 PRODUCT #: IN1216-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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