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.
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Chicago now expects to bank $215 million in upfront debt refinancing savings from a bond refinancing it expects late this year or early next.
November 12 -
The labor deal with teachers to end an 11-school-day strike puts pressure on Chicago Public Schools in the out years, say FItch and S&P.
November 8 -
Illinois’ competitive $750 million general obligation issue proved an easy sell with tight cover bids.
November 6 -
The unfunded liabilities rose to $137 billion in fiscal 2019 from $134 billion, and the state will have to contribute $600 million more in fiscal 2021.
November 5 -
The junk-rated school district revised its fiscal 2020 budget to reflect the contract that ended a teachers' strike, but long-term questions remain.
November 5 -
Ahead of the deal, Moody's revised its outlook on the hospital system's Aa3 rating to positive from stable.
November 4 -
St. Louis wants a deal that improves the airport while generating net cash proceeds to the city.
November 4 -
The Illinois city faces garnishment of state funds to make up for pension shortfalls, threatening its ability to deliver core services, Moody's said.
November 1 -
The Chicago Park District would phase in actuarially determined pension payments under a funding plan that still needs state legislative approval.
October 31 -
Illinois lawmakers wrapped up the first half of their annual fall veto session leaving tough legislation for the second half, beginning Nov. 12.
October 30 -
Though the market may view Chicago's budget as heading in the right direction, relying on the state is a gamble that's a concern for aldermen, too.
October 29 -
Mayor Lori Lightfoot needs to achieve her 2022 target of structurally balancing the city’s books to preserve Chicago's BBB-plus rating, S&P said.
October 25 -
Illinois Gov. J.B. Pritzker's administration says the forecast shows that Illinois needs to change its income tax structure.
October 24 -
Lori Lightfoot would close an $838 million gap with a mix of permanent and one-time maneuvers including new taxes, spending cuts and debt restructuring.
October 23 -
llinois paper is looking more attractive when held up to Chicago city and Chicago Public Schools bonds, Citi analysts write.
October 22 -
Wisconsin will refund $622 million of taxable 2008 bonds in a sale that sheds swaps tied to Libor.
October 22 -
Massachusetts also came to market with a $1.4 billion sale of revenue anticipation notes in three offerings.
October 22 -
The Illinois State Toll Highway Authority is in the ninth year of a 15-year, $14 billion capital program.
October 22 -
No pension obligation bonds, scoop-and-toss, or backtracking on borrowing for operations are planned in the Chicago mayor’s budget fix.
October 21 -
Taxable bonds will replace interim financing that funded land acquisition for the plant, which may not match the vision that drew state and local subsidies.
October 21
