Illinois

Pension obligation bonds won't be in the mayor's budget plan, and rising rates are making it harder for a deal to pencil out.

The Build Illinois bonds still carry single-A to double-A ratings, even after rating cuts tied to the state's overall fiscal woes.

Cook County Board President Toni Preckwinkle unveiled a $5.92 billion spending plan for fiscal 2019.

The three states are in the bottom of a ranking of state fiscal conditions by the Mercatus Center at George Mason University.

Northwestern Memorial Healthcare's long-stalled acquisition of Centegra was finalized last month.

The whistleblower responsible for federal investigations and lawsuits accusing banks and broker-dealers of fraud and collusion in the remarketing of variable rate demand obligations will likely be forced to go public because of a recent ruling by Massachusetts’ highest court.

The not-for-profit university closed on a $195 million privately placed refunding that eases debt service demands.

Illinois-based OSF Healthcare System will refund $470 of debt this week and next.

Moody's boosted its outlook for the University of Illinois to stable from negative ahead of the deal.

The state Supreme Court upheld a law that safeguards local property tax exemptions for the hospitals.