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Barclays, KeyBanc Pull Out of Muni Sale for Private Prisons

Barclays Drops Prison Bond Deal at Last Minute After Furor
Bloomberg
28 mins ago
Danielle Moran and Amanda Albright
© Bloomberg
One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021. Persimmon Plc, the U.K.’s biggest housebuilder, said the long-term outlook for the country’s housing market remained resilient despite the economic gloom and latest national lockdown.
(Bloomberg) Barclays Plc pulled out of its role as the lead underwriter of a municipal-bond sale that was set to build prisons for CoreCivic Inc. after criticism that the bank was backtracking on a pledge to no longer provide financing to for-profit jail companies. ....

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Barclays Drops Prison Bond Deal at Last Minute After Furor

Barclays Drops Prison Bond Deal at Last Minute After Furor
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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