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Other bills signed by Gov. Bruce Rauner include one to support a PACE clean energy financing program.
August 28 -
Wilshire Consulting said the aggregate funded ratio for U.S. state pension plans remained unchanged between and first and second quarters of 2018 at 70.8%, up 0.7 percentage points from the previous 12 months.
August 27 -
The Rahm Emanuel administration told aldermen that a POB could save $6 billion and ease future tax and fee hikes.
August 24 -
Citi's assessment is conditioned on pension obligation bonds being part of a package to tackle the city's pension liabilities.
August 23 -
Illinois offered top yields to draw strong demand for its $966 million general obligation refunding.
August 22 -
Volume was off in eight of the region's 11 states in the wake of tax reform and the end of advance refundings.
August 21 -
One of Baird's new bankers expands its presence in the Chicago region.
August 20 -
The document details a $1.2 billion structural imbalance in the state budget labeled as “balanced” by Democrats and Republicans alike,
August 17 -
Chicago is accepting request for qualification submissions to supplement the members of its existing pools.
August 17 -
The Salvation Army Central Territory bonds carry double-A ratings.
August 15 -
The city will sell them this year if Rahm Emanuel's administration decides to move forward.
August 15 -
The state's $920 million GO sale is its first since it adopted a new budget and Moody's raised its rating outlook.
August 14 -
The Hutchinson Shockey name will continue after its acquisition by Ohio-based Huntington Bancshares.
August 9 -
Short term gains would be overshadowed by long-term risks, according to Municipal Market Analytics.
August 8 -
The county will sell $150 million of sales tax-backed paper, already rated AAA by S&P.
August 7 -
Bond investors had mixed reactions to the city's announcement that it is exploring a pension bond deal.
August 7 -
The five bankers will work in the firm's Chicago, Washington, D.C., and New York offices.
August 6 -
Securitization or pension obligation bonds are options for the city.
August 3 -
Moody's shifted the outlook on RTA and CTA's $5 billion of debt as Chicago and Illinois outlooks stabilize
August 2 -
CFO Carole Brown says the Windy City is being shortchanged in terms of ratings and yields.
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