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The Cleveland-based university's 100-year taxable bond landed at a 5.4% interest rate.
June 9
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CPS' federal windfall aided the district's fiscal progress with plans to use $700 million in the next budget before exhausting the pot in fiscal 2025.
June 8
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Cook County and the Illinois Municipal Retirement Fund reported improving pension health, while the unfunded liabilities of Chicago funds worsened in 2020.
June 7
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As summer beckons, it's time for a reporters' roundtable with some of the Bond Buyer's senior staff. Yvette Shields, Karen Pierog, Keeley Webster and Thomas Nocera talk with Chip Barnett about what's hot in their regions and what municipal bond market participants should expect to see in the months ahead. (25 minutes)
June 7
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Local police funds challenging the suburban and downstate police and firefighter pension fund consolidation appealed a court decision that upheld it.
June 3
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The state's two-year capital budget includes incentives for Intel's $20 billion chip production plants and spending on local and state construction projects.
June 2
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State officials warn that federal infrastructure funds may be lost if lawmakers don't act on new authorizations.
May 31
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Chicago's decades-long casino chase has moved closer to reality with Mayor Lori Lightfoot banking on the fiscal jackpot to help fund the city's pensions.
May 26
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An Illinois judge upheld the constitutionality of the state's consolidation of downstate public safety pension funds; an appeal is expected.
May 26
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The firm poached four Piper Sandler bankers to increase its presence in a sector that serves one of the fastest-growing U.S. demographics.
May 25
