Yvette was a senior reporter, covering the Midwest. She earned a bachelors in journalism from Columbia College Chicago, began her reporting career at the storied City News Bureau of Chicago, and joined the Bond Buyer in 1997 leading Midwest coverage from her hometown Chicago.
-
A local government watchdog raised questions because the repayment schedule for a planned $1.3 billion securitization extends beyond debt being refunded.
November 1 -
S&P Global Ratings cut Build Illinois bonds after changing its criteria; the downgrade mirrors a Fitch Ratings action in May.
October 31 -
Adverse market conditions delayed the $1.3 billion deal from Chicago’s Sales Tax Securitization Corp.
October 31 -
The deal’s underwriter cited "market conditions," confirming Chicago’s deal was placed on day-to-day status.
October 31 -
In addition to the local bond measures, voters will also decide seven governor's races and a Missouri fuel tax.
October 30 -
The backloaded maturity schedule of the debt brings comparisons to the city's supposedly abandoned "scoop-and-toss" practices.
October 29 -
The district chopped off more than two percentage points, thanks to new state aid and pension help
October 26 -
The school district says fiscal gains allow it the option of going with a competitive sale on its short-term borrowing.
October 24 -
Financial institutions and other businesses with ties to the kingdom would face a ban on doing business with Chicago under a proposed ordinance.
October 23 -
The 50 City Council members will ultimately have to sign off on new revenue needed to achieve actuarial funding.
October 23 -
S&P Global Ratings cautioned Chicago's leaders about issuing pension obligation bonds and avoiding a backslide on budget progress.
October 19 -
Rahm Emanuel, who is not seeking re-election, offered a budget with no tax increases or answers to long-term pension funding questions.
October 17 -
Bids were plentiful on the competitive deals but spreads were higher in the wake of two downgrades.
October 17 -
School districts are asking voters for more than a billion dollars while the major candidates pledge more K-12 funding.
October 16 -
The state is ready to go with a $362 million forward refunding of appropriation-backed debt.
October 15 -
The $112 million GO sale Tuesday includes $97 million of green bonds, supported an opinion from an accredited verifier.
October 15 -
Added debt drove one-notch downgrade but long-term benefits seen.
October 12 -
Moody's cut the rating of Oak Lawn, Illinois, to the lowest investment grade level.
October 12 -
Pension obligation bonds won't be in the mayor's budget plan, and rising rates are making it harder for a deal to pencil out.
October 11 -
The Build Illinois bonds still carry single-A to double-A ratings, even after rating cuts tied to the state's overall fiscal woes.
October 11
