Yvette Shields

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.

Kansas City will follow up a GO sale from last month with $186 million of tax-exempt, taxable new money and refunding special obligation bonds Wednesday.

The cost of guaranteeing 3% cost-of-living adjustments to more retired Chicago firefighters is estimated at $18 million to $30 million annually.

S&P raised CPS' junk rating by one notch, saying federal funds will boost an "already positive financial trajectory."

Transportation fare and tax revenues lost to the coronavirus can be countered with federal relief funding, says the Illinois Economic Policy Institute.

Moody’s followed S&P in lifting Illinois’ outlook to stable, where it stood before the COVID-19 pandemic, but a lot more needs to happen for an upgrade.

Moody's is the second rating agency this month to bring its outlook on Illinois to stable, though all ratings remain at the lowest investment grade.

The nonprofit hospital sector gets a fiscal shot in the arm from federal actions but margins are likely to remain depressed this year.

The proposed sale has dual benefits: Trinity gets to shed the facility outside of bankruptcy and the facility would remain open quieting local critics.

The agency that provides oversight of Chicago and suburban transit boards reports healthier sales tax collections that along with December’s federal relief package nearly wipe out 2021 deficits.

The legislature's GOP-controlled Joint Finance Committee will craft a two-year capital plan after rejecting Gov. Tony Evers' $2.4 billion plan for only the second time in recent history.