Yvette Shields

Moody's lifted Illinois one notch to Baa1, marking the state's third rating upgrade over the last year and first since lawmakers passed a state budget.

Steven Washington joined Chapman and Cutler this week as a partner.

The Iowa Fertilizer Co. will refund its Midwestern Disaster Area revenue bonds with a new structure that yields higher Fitch, Moody's and S&P ratings.

Moody's views 16 first time payment delinquencies over the last two years impacting $1.46 billion of debt as related to the pandemic's toll on the senior-living sector.

The 12 announced transactions in the first quarter marked the lowest since Kaufman Hall began tracking the activity in 2016.

Continued market demand means not-for-profit hospitals must think about their ESG strategy, according to a Kaufman Hall analyst.

Legislative backers of the fiscal 2023 budget approved over the weekend with Gov. J.B. Pritzker's blessing believe it will draw more positive rating actions.

Frank DeGuire rejoined Quarles & Brady in Milwaukee this week after working as an in-house corporate attorney.

The university will decide on a final structure for a $500 million sale that could go as long as 100 years at the time of pricing, which is expected next week.

SSM returns to the market with $323 million, highlighting its stronger balance sheet, ESG efforts, and medical partnerships that reflect a sector trend.

The public agency that owns and operates Chicago's convention center says operating revenues and tax collections are doing better than forecast in the fiscal 2022 budget but lag pre-pandemic levels.

Larry Wiemer II succeeds Dennis Reilly as head of the Wisconsin's conduit agency that assists the not-for-profit hospitals, educational and other organizations in accessing the municipal market

Illinois' current budget surpluses offer an opportunity to help bolster the state's fiscal foundation as it navigates persistent pension strains and economic threats, the Commission on Government Forecasting and Accountability said.

The $4.7 billion spending plan draws heavily from federal relief packages

Joliet is embarking on a $784 million project to replace old water mains and design and engineering work for a new transmission line from Lake Michigan.

Washington University will sell $1 billion of new money with tentative plans to offer a mix of 30-, 40-, and 100-year paper.

Illinois lawmakers are advancing a bill that allocates $2.7 billion of the state's ARPA relief to pay down a $4.5 billion federal unemployment insurance loan.

Nuveen is asking a judge to toss Preston Hollow Capital's defamation claims as a summer trial looms.

Mayo is publicly offering $516 million of tax-exempt bonds and privately placing $200 million of taxables.

The Chicago Transit Authority's sales tax pledge remains healthy even as it struggles to recover riders amid rising crime and remote work trends.