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Gov. Kay Ivey disappointed as underwriters pull out of Alabama prison deal Updated 2:28 PM; Today 11:47 AM Inmates sit in a treatment dorm at Staton Correctional Facility in Elmore, Ala., Wednesday, Sept. 4, 2019. The Department of Justice sued Alabama in December 2020 over excessive violence and other problems in state prisons for male inmates. (AP Photo/Kim Chandler) APAP Facebook Share Gov. Kay Ivey said this morning she was disappointed that the investment bank Barclays has withdrawn from underwriting the financing of two privately owned prisons that Alabama would lease and operate. The governor said Barclays’ decision would not stop the plan to lease new prisons, which the Ivey administration and the Alabama Department of Corrections have been working on for more than two years.

United statesState of alabamaBibb countyAuburn universityKay iveyJim zeiglerCommunity forAlabama appleseed centerAlabama justice initiativePeoples societyAlabama department of correctionsUs department of justiceDepartment of correctionsAmerican sustainable business councilAlabama prison programBarclays plc