Yvette Shields

Change is afoot for CPS as its leader Janice Jackson is leaving and legislation stripping Chicago's mayor of full power to appoint CPS board members gains legislative momentum.

More Illinois districts were lifted into the top fiscal category last year even as they navigated the start of COVID-19 pandemic

Northwest Community became the second independent hospital to affiliate with the Evanston, Ill.-based NorthShore Health system over the past year.

Income tax payments and improving revenue collections have helped bring the state's bill backlog down to $3.5 billion.

The Michigan Strategic Fund signed off on the borrowing that will be priced by a syndicate led by Citi and Siebert.

Final payouts are approaching for $170 million of defaulted BHF bonds with haircuts ranging from less than 10% to more than 50%.

Milwaukee will offer investors its first green-designated bonds under its sewerage credit Tuesday and returns next week with a GO sale.

Indiana's newly adopted budget, with rosier revenue projections and a looming infusion of federal relief funds, will also boost infrastructure spending.

Chicago is betting on an eventual $200 million annual jackpot from a future casino to pay down its public safety pension fund obligations

The Illinois-based health system, with a balance sheet helped by its insurance arm, will sell $600 million of AA-minus rated debt over the next month.

New evidence in PHC's defamation case against Nuveen has surfaced that involves Citi while a separate judge is considering whether to allow an antitrust charge to proceed

The Metropolitan Pier and Exposition Authority lost McCormick Place Convention Center events and tourism-driven taxes to the pandemic. It also plans another debt restructuring.

Along with $3 billion of federal aid, Indiana will expects more than $2 billion in additional tax revenue through 2023.

Chicago expects to receive $1.9 billion from the American Rescue Plan, which officials hope to use instead of the debt restructuring, a one-time tactic that is frowned upon by many in the industry.

Ohio's Summa Health is selling $310 million of taxable corporate CUSIP debt Wednesday.

Recent budgetary and pension reports underscore how llinois must proceed with caution in spending $7.5 billion of federal aid.

The COVID-19 pandemic is both reinforcing traditional strategies that drive consolidation and steering new trends

Chicago's investors will be on the hunt for answers to how the city intends to use federal dollars, including whether it's going to scrap scoop-and-toss plans and meet rising pension contributions.

Smith, who joined the Michigan-based law firm in 2016, will lead a 16-member team.

S&P cut Energy Harbor Corp.'s issuer credit rating to junk due to the subsidy repeal, but affirmed $400 million of bonds at the low investment grade level of BBB-minus.