Illinois

Mayor Lori Lightfoot's administration isn't giving much hint as to how the city will pay for a plan to replace lead water service lines.

The coronavirus adds to the fiscal challenges facing the already junk-rated school district, which is the nation's third-largest.

Under a court-approved consent decree, the impoverished south Chicago suburb will keep 90% of pledged tax revenues as it works on a debt restructuring.

Moody's Investors Service says the appellate court decision could impede the state government's flexibility in dealing with coronavirus-driven budget woes.

The coronavirus is adding to strains bearing down on the city that serves as home to Southern Illinois University's flagship campus.

The Illinois Public Pension Fund Association says POBs could offer a potential fix for some but some market participants urge caution due to POBs' perils.

The Metropolitan Pier and Exposition Authority named underwriters and a team to sell up to $200 million of bonds to manage pandemic-driven revenue losses.

Casino tax legislation is “credit positive” for the city, Moody's said; Fitch downgraded ratings for Chicago water, sewer and school district revenue bonds.

The bond-financed Chicago-area hotel and conference center remains shuttered as a result of the coronavirus health crisis.

Illinois paper is trading at tighter spreads than it did amid the original coronavirus surge, though they remain much higher than in February.