The deal Metro reached with a Belgian bank this week to settle a dispute over an unraveling lease arrangement still leaves the transit agency in jeopardy from 14 other financial institutions that could also call in their loans.
Nearly three days of closed-door talks between Metro and KBC Group ended with a deal that both sides described as “win-win.” Financial details were not disclosed on the order of U.S. District Court Judge Rosemary Collyer, but Metro officials said the accord means that the system’s capital budget is no longer threatened.
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