Illinois

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.

Veteran-owned Academy Securities has hired Chicago-based public finance banker James Carter

Warnings about the weak health and liquidity risks of Chicago’ pension system litter the funds’ 2018 financial reports.

Illinois is building a foundation to chip away at the state’s massive fiscal challenges, according to Deputy Governor Dan Hynes.

Chicago Mayor Lori Lightfoot, her finance team, and sister agencies will provide in-person fiscal updates at the city's annual investors' conference.

The case's primary claim of anti-trust violations is potentially headed to trial later this month.

The evolution of the lawsuit has opened wide the window into high-yield stakes in the municipal industry and laid bare the relationships between broker-dealers and Nuveen.

The unnamed governmental entity is seeking recordings that are the subject of recently unsealed transcripts in Preston Hollow Capital’s defamation and antitrust lawsuit against Nuveen. Meanwhile, additional transcripts between Nuveen and Morgan Stanley/Goldman Sachs are now public.