Yvette Shields

The Bi-State Development Agency, which manages St. Louis public transit, took a two-notch downgrade from S&P Global Ratings over the pandemic's impacts.

Preston Hollow says another court ruling proves some of its defamation claims. Nuveen counters that accusations fail to rise to defamation because many are opinion or true.

The deficits for the next two fiscal years remain unaddressed.

Chicago’s net pension liabilities rose to $31.8 billion in 2019 from $30.1 billion.

A steadier market gave Wisconsin the opportunity to move last week on a long-stalled refunding that notably offered a forward delivery piece.

Already stung by a 2020 revenue hit of nearly $300 million this year, Cook County sees more budget pain related to the pandemic ahead

Federal relief and the resumption of elective surgeries helped bolster hospital margins in May, according to a Kaufman Hall report.

The state's flagship university returns to the market after S&P Global Ratings improved its rating outlook and Moody's Investors Service lowered it.

An appellate court will weigh whether a financing agreement on the Platte County IDB bonds attached more than just a moral obligation pledge.

A bankruptcy judge will be asked to sign off on the sale of BHF's Shoreline portfolio in Chicago and will hold an initial Chapter 11 hearing on another portfolio.

Sorth, who joins as a managing director, will provide municipal bond underwriting and advisory services to clients in Missouri and the Midwest.

The new system would hold a commanding presence in Illinois, Michigan and Wisconsin with $17 billion of revenues and 100,000 employees.

The $779 million refunding will capture present value savings while pushing off some debt repayments for budget relief that Fitch called "reasonable."

The Wisconsin health system's ratings have weathered the early impact of COVID-19 on its balance sheet, although S&P revised its outlook to negative.

S&P moved its outlook on St. Louis' rating to negative due to the budgetary pressures posed by the pandemic

Flynn joined the Cleveland-based firm’s Indianapolis office as a managing director.

S&P cut its outlook on Berwyn, Illinois, GO and securitization bonds to negative over risks posed by the pandemic-induced economic shutdown and recession.

Flagship schools in Michigan, Ohio and Iowa made multiple coronavirus-related disclosures in their offering documents.

Mayor Lori Lightfoot and her finance team warn that this year's budget gap is getting bigger, and that painful choices are coming without federal financial aid.

The state's ratings, just one rung above junk, are holding steady after analysts' initial review of a fiscal 2021 budget that pins hopes on future federal relief.