Hanwha Group Underwrites Refinancing of Chicago Parking Meter Debt

Posted on 10/05/2019

Chicago Parking Meters LLC, the on-street parking operator, is raking in large amounts of revenue as the meter system for the city of US$ 132.7 million in 2018, according to audit findings. Investors have 65 years left on the 75-year lease of Chicago parking meters, which they paid US$ 1.16 billion for in 2008. The […]

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