Illinois

The city is folding together separate syndicate and advisor teams on $1.2 billion of general obligation and Sales Tax Securitization Corp. refunding deals.

The Illinois Finance Authority and Chicago closed on the first property assessed clean energy bond deal in the state and authorization is in place for more.

Petitioner John Tillman Wednesday appealed the August circuit court ruling barring his taxpayer complaint challenging repayment of the bonds.

The RTA's service boards will receive $3.7 billion in new funding from the state's $45 billion infrastructure program.

Rating agencies affirmed Chicago's GOratings and the first report also out on the new junior lien Sales Tax Securitization Corp. credit.

Chicago Public Schools long climb back to investment grade continues

Mayor Lori Lightfoot's first budget cleared the City Council on a 39-11 vote.

The Metropolitan Pier and Exposition Authority, restored to investment grade by S&P Global Ratings last year, plans to sell a total of $923 million.

Preston Hollow is fighting Nuveen's attempt to reopen a trial record in the private lender's lawsuit accusing the investment powerhouse of anti-competitive tactics.

The budget was balanced without tax or fee hikes but rising uncompensated healthcare costs are expected to strain the county's finances.

The decision comes as the courts told the city it's on the hook to make up the roughly 2% shortfall in property tax collections to fully cover set payments.

The Finance Committee signed off on bond refinancing and revenue packages that are key to the 2020 budget, paving the way for a full city council vote.

Baird has hired underwriting specialist Bryan Derdenger to launch a Chicago-based desk

The two firms hope the more formal union will pave the way for an expansion of products and services and the speed by which they go to clients.

Nuveen and Preston Hollow Capital trade barbs over PHC's recent sale of university debt

Mayor Lori Lightfoot says the city can manage through 2020 and will wait for the 2020 session to resurrect requests.

The state will pool the assets of 650 public safety pension funds outside Chicago into two new funds: one for police and one for firefighters.

The Chicago Civic Federation supports the proposed budget despite worries

After management and physicians from both health systems worked to provide a merger recommendation, the UnityPoint Health board “failed to embrace the vision."

Chicago now expects to bank $215 million in upfront debt refinancing savings from a bond refinancing it expects late this year or early next.