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.
- Wisconsin
CHICAGO — Milwaukee-based Gonzalez, Saggio & Harlan LLP announced this week the addition of Stephen J. Adnopoz as a partner in its New York office as part of the firm’s ongoing expansion of its public finance group.
May 19 -
CHICAGO — Facing insolvency as it struggles with $140 million of debt, the Xenia Rural Water District in Iowa is pinning its hopes on a workout plan that relies on a rate increase and sale of district assets to raise revenue plus $45.4 million in debt relief.
May 18 -
Chicago is advancing measures to help finance the next phase of its $8 billion runway expansion at O’Hare International Airport.
May 18 - Illinois
Chicago raised more than $70 million from private donors to fund its failed bid to host the Summer 2016 Olympics.
May 18 -
CHICAGO — Sixteen months after finalizing its agreement to reinsure a portfolio of $13 billion in CIFG Assurance NA-backed bonds, Assured Guaranty Corp. has decided to exclude from the pact the policy covering $83.3 million of debt issued in 2006 by the Xenia Rural Water District in Iowa.
May 17 - Minnesota
CHICAGO — After working through the night to resolve differences, the Minnesota Legislature yesterday approved a budget agreement that cuts spending, including aid to local governments, and pushes off $1.8 billion owed to schools into the next budget cycle to address a $3 billion shortfall.
May 17 - Illinois
CHICAGO — Chicago plans to sell about $175 million of general obligation bonds next month to provide an infusion of funding for school building projects at the cash-strapped Chicago Public Schools to help keep its long-term $5 billion capital program on track.
May 13 -
CHICAGO — While Illinois lawmakers temporarily adjourned last week without passing a fiscal 2011 budget, they did approve legislation establishing a commission that will lead the initial planning effort for a regional high-speed rail system.
May 12 -
CHICAGO — St. Petersburg, Fla.-based Raymond James & Associates has hired veteran Chicago public finance banker Linda Matkowski to lead an expansion of its Midwestern general government group, in keeping with the firm’s plan for national growth.
May 12 - Minnesota
CHICAGO — Unwilling to accept a proposed income tax increase for the state’s top earners, Minnesota Gov. Tim Pawlenty moved quickly Tuesday to veto the budget-balancing plan rushed through the Legislature one day earlier by Democratic leaders.
May 11 -
CHICAGO — The University of Chicago is watching the market closely, hoping to sell $300 million of taxable fixed-rate bonds this week or next to raise funds for capital projects and restructure debt from a bank line of credit.
May 11 -
After exhausting its borrowing capacity and faced with uncertain federal funding levels, Missouri’s proposed five-year transportation improvement program now calls for about $500 million in annual spending on construction grants, down sharply from the $1.25 billion spent annually under the previous program.
May 11 - Minnesota
Standard & Poor’s has upgraded Park Rapids one notch to A-plus ahead of its sale of general obligation improvement bonds.
May 11 -
Standard & Poor’s has revised its outlook to stable from negative on the BBB-plus rated CGH Medical Center, citing improved operating performance. The debt was sold through the former Illinois Educational Facilities Authority.
May 11 - Minnesota
CHICAGO — The Democratic leaders of the Minnesota Legislature advanced a plan yesterday that relies on a mix of cuts, delaying school aid payments, and more tax revenue from the state’s top earners to erase a looming $3 billion deficit.
May 10 -
CHICAGO — Chicago-based Ziegler Capital Markets Group last week announced the hiring of its first New York City-based health care banker, Mike Quinn, to lead its East Coast banking and advisory efforts with hospitals and health care systems.
May 10 - Illinois
CHICAGO – With no long-term resolution in sight over the state’s budget crisis, Illinois lawmakers adjourned on Friday after giving public universities new borrowing authority and approving a debt restructuring for the agency that manages Chicago’s convention center.
May 7 -
CHICAGO — The Minnesota Supreme Court ruled yesterday that Gov. Tim Pawlenty exceeded his executive powers in using his unallotment authority to slash the fiscal 2010-11 budget sent to him by lawmakers last year, a finding that raises questions over the legality of $2.7 billion in spending cuts made by the governor.
May 5 -
CHICAGO — The Illinois Finance Authority board advanced plans this week for more than $550 million in health care-related deals, including the Clare at Water Tower’s tender and exchange offer that is part of a debt restructuring aimed at giving the struggling retirement development more time to succeed.
May 5 -
IllinoisCHICAGO — A special pension commission named by Chicago Mayor Richard Daley has recommended increased contributions and policy changes to address the city’s pension funding crisis, but several panel members panned the proposals as falling far short of the more dramatic action needed to avert looming shortfalls.
May 4
