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Now It's Up to the Bankers...and Prokhorov

The Empire State Development Corp. announced Tuesday that it has secured "investment grade" ratings for the $600 million in bonds needed to finance Barclays Center and was awaiting a rating for another $150 million for infrastructure. Now they have to be a month. Beyond legal and financial issues, there's what it means for the team. That's where Mikhail Prokhorov's willingness to spend comes in.