Hyundai is seeking $900M in tax-exempt bonds. The proposal is drawing pushback

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Opponents of Hyundai’s planned $5.8 billion Ascension Parish steel mill on Monday urged state financing officials to halt a proposed $900 million tax-exempt bond issue. The pushback came during a public hearing held by the Louisiana Public Facilities Authority on plans to issue up to $900 million in exempt-facility revenue bonds on behalf of Hyundai-POSCO

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