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Gov. Kay Ivey disappointed as underwriters pull out of Alabama prison deal

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
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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 Kay Ivey said this morning she was disappointed that the investment bank Barclays has withdrawn from underwriting the financing of two privately owned prisons that Alabama would lease and operate.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. ....

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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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Barclays pulls out of Alabama prison deal after backlash

Barclays pulls out of Alabama prison deal after backlash
telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.

United States , Jeff Dunn , Maryanne Howland , Department Of Justice , Fitch Ratings , American Sustainable Business Council , Social Venture Circle , Anne Howland , ஒன்றுபட்டது மாநிலங்களில் , ஜெஃப் டன் , மரியான் ஹவுலேண்ட் , துறை ஆஃப் நீதி , ஃபிட்ச் ரேடிஂக்ஸ் , அமெரிக்கன் நிலையான வணிக சபை , சமூக துணிகர வட்டம் , அன்னே ஹவுலேண்ட் ,

Alabama vows to move ahead on prison project after Barclays drops out

Alabama vows to move ahead on prison project after Barclays drops out
bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.

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Barclays Kicked Out of Business Group Over Prison-Bond Work

Barclays Kicked Out of Business Group Over Prison-Bond Work
Bloomberg
1 hr ago
© Photographer: David Paul Morris/Bloomberg
An inmate in his cell
(Bloomberg) Barclays Plc’s membership in the American Sustainable Business Council was terminated by the advocacy group over the bank’s decision to underwrite a municipal bond for two Alabama prisons owned by CoreCivic Inc., two years after saying it would no longer provide new financing to private prison companies.
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The council and partner organization Social Venture Circle, which combined represent 250,000 businesses to advocate for responsible practices and policies, announced Thursday they would refund Barclays’ membership dues. Barclays joined the group in 2019. ....

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