(Reuters) - Detroit completed the pricing on Tuesday of $1.8 billion of water and sewer refinancing bonds related to a tender offer aimed at dealing with a big chunk of the bankrupt city's debt. A day after receiving approval from a federal judge overseeing its historic bankruptcy case, Detroit offered the bonds in the U.S. Underwriters led by Citigroup priced $937 million of sewage disposal system senior lien bonds with a top yield of 5.10 percent for term bonds subject to the alternative minimum tax and due in 2044. Uninsured senior lien bonds were priced to yield 4.73 percent in 2034, and yields on insured second lien bonds reached 4.87 percent in 2036.
By Dan Whitcomb LOS ANGELES (Reuters) - An American man suspected of fighting alongside Islamic State militants who have seized large areas of Iraq and Syria to the alarm of the Baghdad government and its allies in the West has been killed in Syria, a U.S. Citizen Douglas McAuthur McCain's presence in Syria and can confirm his death," U.S. National Security Council spokeswoman Caitlin Hayden said in a statement. A national security official who asked not to be named told Reuters that the FBI was investigating McCain's death, and a State Department spokeswoman said officials had been in contact with his family and were providing "all consular assistance." Family members told the Minneapolis Star Tribune that McCain's mother had been called by a State Department official to report that he had been killed in Syria over the weekend.
MADISON, Wis. (AP) — A woman told police before she died that she had been shot by her brother-in-law, a newly retired Wisconsin sheriff's deputy suffering from Lou Gehrig's disease, according to new court documents.