Board of Education of the City of Chicago

Massachusetts also came to market with a $1.4 billion sale of revenue anticipation notes in three offerings.

The agencies aren't concerned about the ongoing strike, but the final contract will determine if Chicago Public Schools continues its slow rating progress.

The municipal market will scrutinize the impact of the ultimate contract deal on the school district's books and the city's fiscal burdens.

CPS sees spread penalties dwindle as market looks for yield and recognizes district's fiscal progress.

The Chicago Public Schools also came to market with a $349 million GO deal.

California's $2.4 billion GO deal was priced for retail investors on Wednesday.

It's the first week after Labor Day and investors are facing a hefty calendar with some big names.

The market will see $7.6 billion of bonds plus a $1 billion note sale coming up in a holiday-shortened week.

S&P Global Ratings upgraded Chicago Public Schools to BB-minus from B-plus, and Fitch Ratings upgraded it to BB from BB-minus, ahead of a $369 million deal.

The district wants to spend $619 million on local school projects, with another $191 million dependent on state funding.

The refunding would be completed “for traditional savings” and not for restructuring purposes, the school district says.

Chicago Mayor Lori Lightfoot, her finance team, and sister agencies will provide in-person fiscal updates at the city's annual investors' conference.

The junk-rated district's latest cash flow issue was nearly eight times oversubscribed as it trimmed rates substantially from previous sales.

Moody's is bullish on the state's budget and capital bills, less so on gambling expansion and recreational marijuana

Jennie Huang Bennett is seen as the front-runner as the municipal bond market awaits the Chicago mayor-elect's fiscal picks.

Attorney Lori Lightfoot will become the city's first African American woman mayor when she takes office on May 20.

A boost in state funding and higher local property valuations lifted school districts' finances, according to the Illinois State Board of Education.

In an historic election result, two African-American women will face off in a runoff election to become the next mayor of Chicago. Yvette Shields talks with Chip Barnett about what this means for the municipal bond market and why it matters to bondholders.

Deep fiscal strains weigh on the district's efforts to claw its way back to investment grade.

Volatility in risk assets has led investors to the safety of bonds, according to Societe Generale.