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Illinois’ swap providers agreed to lower termination triggers, the governor's office said.
June 12
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Only two of Illinois' nine public universities retain a Moody's investment-grade rating after new downgrades.
June 12
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Chicago’s chief financial officer says bankruptcy isn’t on the table for Chicago Public Schools.
June 12
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Municipal market buyers aren't waiting for the rating agencies -- they're already trading Illinois paper at junk bond levels.
June 9
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A judge's ruling put more pressure on Illinois by supporting Medicaid providers.
June 8
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The University of Illinois and Illinois State University were downgraded by S&P Global Ratings.
June 7 -
Barclays is bolstering its Chicago team with three banking additions at the expense of Bank of America Merrill Lynch.
June 7
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JPMorgan is Chicago Public Schools' choice for the direct placement of $396.5 million of notes.
June 7
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Illinois asked a judge to put off the effective date of a possible court order elevating Medicaid over other payment obligations.
June 7
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The city took the next step Monday in securing up to $10 million in bonds to finance several stormwater sewer projects over the next few years.
June 6
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Two Chicago pension funds could become insolvent sooner than projected.
June 6
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Bluford Unit District 318 plans to build a roughly $6.9 million new high school addition with a groundbreaking expected in August.
June 5
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After voters twice rejected proposals to issues bonds to pay for a new school and major repairs, school board members now are considering borrowing what they can without voter approval to pay for state-mandated improvements.
June 5
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Chicago is offering stronger rated utility-backed bonds but like its GO they face credit strain from pensions.
June 5
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Two Illinois community colleges were downgraded by Moody’s because of the state's budget woes.
June 2
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Chicago launches website financial portal to broaden investor and public outreach.
June 2 -
Illinois spreads widened as investor confidence waned that the state can resolve its budget deadlock.
June 2
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Illinois received two downgrades Thursday, bringing it closer to a junk bond rating.
June 1
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Moody's Investors Service has lowered the rating on the State of Illinois' general obligation (GO) bonds to Baa3 from Baa2, amid a prolonged political impasse that has prevented progress on a growing pension deficit and an increasing backlog of unpaid bills
June 1
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Illinois took a one notch downgrade from S&P Global Ratings leaving its general obligation debt at BBB-minus.
June 1
