CHICAGO – Illinois lawmakers may have deadlocked over pension reform during their spring session, but they did hand the Illinois Finance Authority some additional financing tools.

Measures approved extend the authority’s cross-border financing capabilities for multi-state projects to cover for-profit businesses as long as they maintain an Illinois headquarters or are undertaking an Illinois-based project.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.