Illinois

The governor's preliminary proposal relies on $17.8 billion of borrowing over six years.

The federation endorsed the plan only after Gov. J.B. Pritzker dropped plans for a partial pension funding holiday.

Incoming CFO Jennie Huang Bennett and budget director Susie Park arrive as the city warns that pension contributions may rise more than previously projected.

Holders of $20 million of bonds received $3 million from the sale of the facility.

Preston Hollow can proceed with a lawsuit that accuses the municipal bond giant of a campaign of intimidation, a Delaware judge ruled.

Moody's shifted its outlook on six Illinois public universities to stable while upgrading two credits.

Illinois bonds are gaining ground in the secondary, supported by scant supply and recent fiscal developments viewed positively by investors and analysts.

Moody's put the Illinois State Toll Highway Authority's A3 rating on review for a downgrade in the wake of the Puerto Rico ruling.

Gov. J.B. Pritzker's about-face on re-amortizing to reduce next year's pension contribution is one less negative rating factor, agency analysts said.

Major League Soccer's Chicago franchise may move back to Chicago from Bridgeview, and what happens to the village's rating depends on lease negotiations.

The Pritzker administration says it can now afford to make the full originally scheduled pension contribution without re-amortizing the funding timetable.

A graduated income tax could lay the groundwork for Illinois to rebuild its credit quality — but only if done right, according to the rating agency.

Chicago and its pension funds dispute whether the city is meeting its obligations; the city says the state comptroller is too quick to believe the funds.

Jennie Huang Bennett is seen as the front-runner as the municipal bond market awaits the Chicago mayor-elect's fiscal picks.

The state Senate approved the proposed constitutional amendment on a party-line vote.

The veteran-majority owned firm has hired its first banker — Chicago-based Frank Paul.

The debt service reserves for the Better Housing Foundation deals were drained to make the last bond payment.

The next five weeks will determine the fate of first-year governor J.B. Pritzker's proposals for the fiscally troubled state.

Nuveen, in its defense against Preston Hollow's lawsuit, says its conduct in the fight for bond business was legal whether the other firm likes it or not.

Moody's labeled the April 2 election results a credit positive.