Yvette Shields

Michigan issued debt in June to cover its portion of the settlement approved by a federal judge Wednesday.

The state's fiscal 2022 update and five-year forecast offers a brighter near- and mid-term budget picture thanks to federal relief and strong revenues.

Local and state officials, labor, and policy groups have begun putting stakes down over how to split up the federal infrastructure windfall for Illinois.

The nation's second-largest county heads into the market next week with a GO refunding buoyed by an upgrade and an outlook boost.

Richard Li is leaving the Milwaukee comptroller's office after nearly two decades to work on Connecticut's state debt issuance.

Moody's joined the other three rating agencies in returning O'Hare's outlook to stable as Chicago plans to tap an up to $2.3 billion new money and refunding authorization next year.

The outlook revisions boosts a city with some $8 billion in borrowing in the works, including more than $1 billion before the end of this year.

A federal judge signed off on sanctions against IFS Securities Inc.'s former head trader for allegedly pocketing phony commissions and unauthorized trades that bankrupted the firm.

The Illinois State Toll Highway Authority plans $600 million of borrowing next month and $500 million next year as its 15-year-old capital program remains in full speed ahead mode.

Chicago anticipates a casino-resort development will result in a $200 million annual jackpot — with room to grow — to help cover public safety pension contributions.

The city’s timing is good as long as market demand for municipals, especially higher yielding paper, stays on track, municipal bond investors say.

The Illinois Municipal Electric Agency will have paid off its debt by the time the Prairie State Energy Campus faces an emissions deadline to avoid an early decommissioning under new Illinois clean energy mandates.

Fitch joined Kroll and Moody's in moving Chicago's outlook to stable from negative as City Council prepares to vote on a budget and $4.4 billion in borrowing.

S&P lifted its outlook to stable on Minneapolis' AAA rating and Fitch went positive on its AA-plus rating.

The full Chicago City Council will cast a final vote on a $4.4 billion bonding authorization and 2022 budget in the coming days.

The Minneapolis native led the former independent financial advisory firm Evensen Dodge Inc. for more than three decades overseeing its expansion from a Minnesota-centric firm to a national one with offices on both coasts.

Wisconsin reported healthier-than-expected fiscal 2021 results that should benefit a new money deal planned for next month.

Illinois passage of clean energy legislation cleared the deck for AMP Ohio's stalled refunding of Prairie State bonds, but mandates that would force the plant's eventual closure loom large.

Several Midwest-based not-for-profit health systems are set to borrow for new or acquired facilities and to refund debt with green bonds and taxables in the mix.

Chicago Mayor Lori Lightfoot's finance team laid out plans to tap more than half of $9 billion of existing and proposed borrowing authority through 2022 to refinance debt for savings and fund infrastructure and pandemic recovery efforts.