City of Chicago, IL

Mayor Rahm Emanuel says his pension package offers a path to further stabilize city employees' pensions without burdening taxpayers.

Chicago would issue up to $10 billion of POBs under a proposal the mayor left to city council to decide.

Rahm Emanuel will back a constitutional amendment to rein in pension benefits while city pension obligation bonds remain in play on a longer timeline.

Municipal bonds closed out the week stronger ahead of a hefty new issue slate.

As the end of the year draws near, the municipal bond market will see lots of negotiated deals on next week’s new issue calendar.

Chicago boosted to the size of its first sale to finance the O'Hare terminal makeover to $2 billion.

Municipal bonds were stronger with Treasurys as the Chicago O’Hare airport deal came to market as Detroit sold GOs.

Municipal bonds were stronger with Treasuries at mid-session.

Municipal bonds finished mostly stronger Monday. The market will be closed Wednesday in honor of former President George H.W. Bush.

Municipal bonds were stronger at midday, as traders get set to see about $9 billion of new issues come to market this week.

Municipal bonds finished stronger on Friday ahead of the upcoming $9 billion new issue calendar.

Municipal bond investors will get to feast on a big new issue calendar, led by an almost $2 billion airport deal coming out of Chicago.

Chicago expects to add more than $9 billion in O'Hare debt in the coming years to upgrade the airport's terminals.

Chicago officials say the city will complete its $3 billion securitization program with a $600 million deal as soon as January.

The Chicago City Council approved the 2020 budget in a near unanimous vote.

J.B. Pritzker coasted to victory without offering much detail about how he plans to solve the state's fiscal problems.

Structural differences insulated Chicago bonds from the worst of the impacts of S&P's new criteria while dragging down the rating of Build Illinois debt.

A local government watchdog raised questions because the repayment schedule for a planned $1.3 billion securitization extends beyond debt being refunded.

The deal’s underwriter cited "market conditions," confirming Chicago’s deal was placed on day-to-day status.

The backloaded maturity schedule of the debt brings comparisons to the city's supposedly abandoned "scoop-and-toss" practices.