Jefferson County received a restructuring proposal from creditors holding about $3 billion of its debt, according to a court-appointed receiver.
The offer was received last night, said John Young, who is facilitating the creditors’ response. No details were provided.
To contact the reporter on this story: Margaret Newkirk in Atlanta at email@example.com
To contact the editor responsible for this story: Stacie Servetah at firstname.lastname@example.org