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While the best case scenario is a court dismissal, analysts think the state would support bondholders should the case goes against them.
July 5
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Moody’s Investors Service on Tuesday placed Fairfield Medical Center's Baa3 rating on review for a downgrade.
July 3
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The massive deal planned for August will bring debt from the former Dignity Health and Catholic Health Initiatives into a single credit group.
July 3
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The recorded conversations document Nuveen's efforts to choke off Preston Hollow's access to capital and block what it considered predatory lending practices.
July 2
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The Illinois governor says the state, with its low ratings, is in no position to absorb its largest city's massive pension liabilities.
July 2
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The Michigan Supreme Court ruled that Macomb County is not contractually bound to provide lifetime healthcare benefits to retirees.
July 2
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Gov. J.B. Pritzker denounces the move as right-wing attack to harm the state's improved standing in municipal market.
July 1
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Municipal bond buyers are taking a second look at new issues with 3% and 4% coupons against a backdrop of what has been a strong traditional preference for 5% bonds.
July 1
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Investor confusion about Harvey, Illinois, and a local library district contributed to a municipal advisor and broker-dealer facing Securities and Exchange Commission charges in a bond offering gone wrong.
June 28
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The city expects to save about $22 million in fiscal year 2020 from terminating the programs, Mayor Lori Lightfoot said on Thursday.
June 27
