Illinois

Illinois' break in budget gridlock and tax hikes help market digest bonds.

The Edwardsville District 7 Board of Education could save $731,000 by refinancing bonds.

P3 specialist Jessica Platko brings international experience to the firm.

Taxpayers in Indian Prairie School District will save $10.5 million as the district refinances bonds by issuing new bonds at a lower interest rate.

The prairie state plans $6 billion of general obligation borrowing over the next two weeks, offerings expected to lure investors with unusually rich yields for a sovereign state credit.

The county must move to replace the lost revenue, the rating agency says.

The allure of promised savings persuaded most Chicago City Council members.

Cook County officials will have a $200 million budget hole to fill without the tax.

The securitization bond program is up for council vote this week, with plans to reach the market by late November.

The state will sell $1.5 billion of GOs competitively on Oct. 17.

A soda tax repeal would drill a $200 million hole in the county's budget.

Chicago hopes to get into the market by year's end with the first of up to $3 billion of refunding under new credit.

The proposed combination is the latest in a continuing wave of nonprofit healthcare consolidation in Illinois and nationally.

The new state budget provides funding certainty, but the universities' struggles will linger.

Northwestern was assigned a negative outlook on one of its triple-A ratings.

The firm, which returned this year to public finance, hired five bankers in Texas, Florida, Illinois and New York.

The payoff comes as the district takes out new tax anticipation notes.

Chicago-based Mesirow Financial is bulking up its municipal team with several hires on both coasts.

Chicago Mayor Rahm Emanuel's new borrowing program will get an airing before City Council members next week.

The state plans a $4.5 billion negotiated sale and $1.5 billion competitive sale.