Illinois

CFO Carole Brown says the Windy City is being shortchanged in terms of ratings and yields.

The settlement means the court won't decide the rights of bondholders versus pension funds.

The rating is one level below Advocate's existing rating and two higher than Aurora's.

The school district's borrowing plans got a boost Thursday from S&P Global Ratings, which upgraded it to B-plus from B.

The University of Illinois at Chicago has launched the Government Finance Research Center.

Illinois' 10-year GO paper is trading 10 to 15 basis point tighter than before its rating outlook went to stable from negative.

Less than three weeks after Harvey Public Library District officials held a groundbreaking ceremony for their multi-million-dollar library expansion in 2015, the Securities and Exchange Commission launched an investigation into the project's funding source, records obtained by the Daily Southtown show.

Moody's revised the outlook on $3 billion of Chicago parks, water and sewer bonds to stable.

Illinois' Baa3 rating remains one notch above junk, but the outlook is now stable, up from negative.

An amended master trust indenture will reflect the combined finances of the largest health systems in Illinois and Wisconsin.