Illinois

The city still plans to refund its outstanding water debt under its own revenue bond credit.

The Metropolitan Pier and Exposition Authority will price $475 million, burdened by its link to the state's bond rating.

Strong legal and structural protections earned the debt top grades from Kroll and Fitch. S&P wasn't as bullish.

Cook County commissioners urged not to use one-shots to balance 2018 budget.

Kroll Bond Rating Agency and S&P Global Ratings both revised their outlooks.

The collective funded ratio of all Illinois public pension funds is 47.9%, according a state report.

The Northeast Women in Public Finance will present this year's Freda Johnson Award for Trailblazing Women in Public Finance to Carole Brown and Julie Morrone at The Bond Buyer's Deal of the Year ceremony on Dec. 6 in New York City.

A sales tax increase to pay for a Tazewell County jail is still being collected although the building was paid off in 2011.

Chicago Public Schools got a boost to BB-minus as the district readies a new money and refunding deal.

The Teachers' Retirement System saw double-digit investment returns but its unfunded tab grew.

The Illinois Senate will attempt to override a veto of the Debt Transparency Act next month.

Chicago Public Schools says its books are balanced while also saying it needs more than $1 billion of short-term borrowing.

Illinois will use the proceeds to pay down some of its $16 billion unpaid bill backlog.

Chicago Public Schools will ask its board to OK up to $1.1 billion of borrowing Wednesday.

Comptroller Susana Mendoza wants lawmakers to override Gov. Bruce Rauner’s veto of the Debt Transparency Act.

In what’s easily the largest deal of the year, Illinois is set to come to market with $4.5 billion of general obligation bonds that will help pay down a bill backlog that’s around $15 billion. The lowest-rated U.S. state has momentum going its way after last week’s successful $1.5 billion competitive GO sales -- and Illinois is hoping that success spills over into this week’s negotiated offering.

The Illinois borrowing pitch highlights “improving” credit fundamentals and its position as the Midwest “powerhouse.”

The region's governments could find it harder to generate fresh revenue, Moody’s Investors Service said

Chicago's proposed budget makes incremental progress, according to S&P Global Ratings.

Chicago relying on savings from new securitization borrowing program to help balance 2018 books.