Illinois

Paul Chatalas, who has both a public finance and public policy background, took over as capital markets director Tuesday.

Nuveen and AllianceBernstein say Warlander Asset Management may be using the lawsuit to generate an "enormous profit" from credit default swaps.

The review of the final credit, Chicago's senior-lien water bonds, was resolved when the bonds were defeased.

The district wants to spend $619 million on local school projects, with another $191 million dependent on state funding.

The Civic Federation endorsed the system's 2020 budget but raised concerns over the community college system's long-term fiscal outlook.

Downstate and suburban Illinois public safety pension fund consolidation is the subject of much talk and possible future action

Market concerns about Illinois volatility may ease with Fitch's outlook shift to stable from negative.

The rating agency moved its outlook for Illinois to stable from negative, citing budget progress and an April tax windfall.

Post trial briefs are the next step after the two-day trial wrapped up in Preston Hollow Capital's lawsuit accusing Nuveen of a banker boycott.

Chicago Mayor Lori Lightfoot reset the clock on release of the next year's budget forecast by moving the deadline one month later to the end of August.

Top Preston Hollow Capital and Nuveen officials take to the witness stand.

The complaint that seeks to void repayment of $14.3 billion of debt awaits a court decision on whether it can move forward.

The two-day trial in PHC’s antitrust lawsuit against Nuveen is set to begin unless the two sides reach a last-minute settlement.

The refunding would be completed “for traditional savings” and not for restructuring purposes, the school district says.

Two rating agencies affirmed Bridgeview, Illinois, at junk after the Chicago Fire agreed to pay the village to escape its stadium lease.

The two suburban affordable housing portfolios are owned by the Ohio-based Better Housing Foundation.

The suit is "a policy paper masquerading as a complaint," the state says, but it may still push up Illinois' borrowing costs while it is active.

CommonSpirit Health will sell $2.7 billion of taxable bonds and $3.1 billion of tax-exempt debt, with BBB-plus ratings, into a supply-starved market.

Brown left city government at the end of Rahm Emanuel's administration.

The goal of the 2018 Chapter 11 restructuring was to establish a capital structure supported by project revenues.