Midwest

The city, smarting from two new negative rating outlooks, says it can change the competitive deal's timing or reject bids if the market turns against it.

The operators of the venue argue that COVID-19's economic impact makes a $400 million expansion all the more important.

Supply-starved investors flocked to the St. Louis-based private university's taxable deal, which was upsized to $450 million from $300 million.

Gov. J.B. Pritzker said the state can afford to keep paying for critical services as the coronavirus toll mounts.

Ratings for convention center financings and for hotels build to support the venues are under pressure.

Thirty-six firms made the cut, and eight didn't, when Illinois reviewed broker-dealer qualifications for new underwriting pools.

Disclosure in a series of pending and recently priced Midwest healthcare deals underscore the rapidly evolving impact of COVID-19.

Eric Holcomb said the state will consider using bond authority to move forward with capital projects that were to have been funded on a pay-go basis.

The city and state haven't put dollar amounts on what they need but both were already facing budget and pension stresses before the public health crisis struck.

MSD went to court to delay the $500 million bond measure slated for April 7, citing confusion and safety concerns surrounding the coronavirus.