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The state lacks the money to widen the traffic-clogged highway on its own, officials said.
October 24
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The Chicago City Council this week approved a plan to refinance $1.5 billion of the city's debt. The city expects to issue the bonds in the fourth quarter.
October 24
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The event went on as scheduled Tuesday against a backdrop of escalating conflict between the mayor and controller, with each requesting a probe of the other.
October 23
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"Coming off rich muni-Treasury ratios, the market has swiftly repriced," said 16Rock Asset Management's James Pruskowski. "With now cheaper benchmark yields and wider credit spreads, fresh capital is flowing in, and a strong bottoming opportunity looks to be emerging."
October 23
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More project finance deals are part of FHN Financial's plans to grow its municipal finance business.
October 23
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"The identity of the marginal buyer may be shifting, and with that the market's valuation of structure and liquidity," said Matt Fabian, a partner at Municipal Market Analytics.
October 22
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As technology options grow, firms are looking for ways to streamline and scale workflows.
October 22
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Demand for munis remains "insatiable," said Daryl Clements, a municipal portfolio manager at AllianceBernstein.
October 21
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Christopher Roberts joins the firm as a managing director, Joey Dierker as an associate director, Soledad Mancias as a municipal underwriter, and Steve Basset as a director.
October 21
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Despite this week's underperformance, exempt investment-grade munis continue to outperform taxable sectors.
October 18
