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Chicago will issue $875 million of second lien water revenue bonds in a deal with a possible tender component, Acting CFO Steven Mahr said.
RBC Capital Markets, Montague DeRose and Acacia Financial Group were new entrants into the top 10, bumping KNN Public Finance, Omnicap Group and Municipal Capital Markets Group.
The state is scheduled to sell $355 million in general obligation bonds Thursday in a competitive deal.
"Some of it is related to the headlines that we're seeing right now, particularly when we think about yields and what we've seen over the last couple of days," said Tim Iltz, fixed-income credit and market analyst at HJ Sims.
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