Board of Education of the City of Chicago

The junk-rated school district pared down spreads after bolstering its balance sheet.

The Chicago Board of Education lowered borrowing costs as it returned to the market on Thursday, selling $1.03 billion of general obligation bonds.

The Chicago Board of Education made a second run at the primary market on Thursday as it returned to offer $1.03 billion of general obligation bonds to muni buyers.

The Chicago Board of Education makes a second run at the primary market on Thursday as it returns to offer $857 million of general obligation bonds to muni buyers.

The Illinois Tollway's $300 million deal and the first part of the Chicago Board of Education’s $922 million bond offering came to market on Wednesday. In secondary trading, municipals were stronger on the day.

The first part of the Chicago Board of Education’s $922 million bond offering came to market on Wednesday as the board’s $64.9 million of dedicated capital improvement tax bonds were priced.

Two big deals from Illinois issuers are scheduled for sale on Wednesday as the Chicago Board of Education gets set to hit the market with the first part of its double-barreled offering and Illinois toll bonds are slated to be priced.

Municipal bond traders will see a chunky new issue calendar this week as the market’s focus will be on Washington, where Congress will continue to work on tax reform legislation.

The municipal market will get another healthy dose of issuance in the final full week before Thanksgiving. The calendar is chock full of deals from Illinois, as all issuers look to price bonds before the tax laws change.

Chicago's Board of Education is pricing more than $900 million, citing positive rating actions and a better balance sheet.