Midwest

Mayor Lori Lightfoot, in a reelection fight, highlights first-term progress including lifting the city's bond ratings and bringing new investors to debt sales.

The lawsuit comes as higher education energy concessions have become one of the most active spaces in the P3 market.

The popularity of Arizona's universal school choice program, which pays for private schools, brought higher-than-projected costs and future budget impact.

Mergers and acquisition dropped to 55 last year from 73 in 2021, continuing on a downward course since 2017, according to a review published by Ponder & Co.

Ceffalio is taking on a newly created position at the Chicago-based firm.

Municipal bond issuers are worried about what the recently passed Financial Data Transparency Act is going to cost them to implement.

The city received $217 million of retail orders — a rarity in Illinois where local bonds don't benefit from state tax exemption — and interest from 11 ESG funds.

The complex restructured its debt through bankruptcy in 2018 but COVID-19 knocked its recovery off track.

Moody's lowered Fairview Health Services by one notch to Baa1 and assigned a negative outlook, but a pending merger and expected sale of some facilities could help its bottom line.

While the legislation heading to Gov. J.B. Pritzker's desk will not affect CPS' rating in the short-term, the district's ability to manage labor conflict could affect credit quality over time, Fitch said.