Yvette Shields

While the legislation heading to Gov. J.B. Pritzker's desk will not affect CPS' rating in the short-term, the district's ability to manage labor conflict could affect credit quality over time, Fitch said.

Chicago put out pre-marketing pricing scales Tuesday on its STSC new money social bonds and refunding tranches and will take retail orders Wednesday with the pricing set for Thursday.

Michigan's latest revenue forecast boosts prior projections by more than $1 billion annually for fiscal 2022, 2023, and 2024.

Hospital margins ticked up in November, but 2022's bruising will linger well into this year straining some ratings.

Underwriting specialist Alice Livingston joined Stern Brothers this month.

The firm is expected to announce the new muni leadership team next week.

Jim Stricklin has joined the team of advisors at Columbia Capital Management.

The CTA and its fiscal parent, the Illinois RTA, will try to build a coalition for future funding to face the fiscal reckoning after federal COVID-19 aid ends.

Illinois Gov. J.B. Pritzker signed legislation sending a portion of the state's surplus to the budget stabilization fund and raising the target balance.

The $242 million payment that's being made in addition to regularly scheduled contributions launches the city's policy aimed at staving off growth in its unfunded liabilities, a goal made all the more urgent by the beating pension funds are taking on their investments.

Chicago returns to the market later this month with a deal under its Sales Tax Securitization Corp. credit that will offer the city's first social-designated bonds along with a refunding piece that includes the paydown of GO bonds through a tender.

The Greater Chicagoland Economic Partnership said it will leverage the region's first-rate freight infrastructure, talent, industries and institutions.

The county close a private partner as it seeks to establish microgrid districts with the goal of promoting economic development and achieving climate change goals.

The double-A rated toll agency has two new money toll revenue bond deals on tap for 2023, totaling $900 million.

The state Department of Transportation said it is temporarily delaying its latest issuance of trunk line road bonds.

Attacks pose acute financial threats and longer term reputational and legal risks, analysts said.

Nebraska's largest city plans to finance the downtown streetcar project with a mix of tax increment financing and lease purchase revenue bonds.

S&P Global Ratings raised the state flagship university's rating to AA-minus from A-plus.

Moody's dropped Sparrow Health's rating a notch as it's not yet factoring in the financial and operational benefits of its acquisition by UM Health, which won't extent to a debt guarantee.

Balance sheet damage from labor costs, the pandemic and a cybersecurity breach triggered covenant violations for Capital Region Medical Center.