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Though the legal setback is "harmful" to the Chicago Park District's plan to increase pension funding, it doesn't cause a budgetary crisis, S&P said.
April 9
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Moody's threw cold water on Chicago's position that O'Hare's ratings can withstand new terminal debt.
April 6
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A proposed Chicago ordinance would press banks on gun control.
April 3
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The district must come up with a new plan to save its pension fund from insolvency.
March 29 -
Chicago expects to begin tapping $4 billion of bond authority for O'Hare by early 2019.
March 28
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The bonds sold for the air cargo handling facility were rated BBB.
March 28
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Municipal traders said the market was slightly firmer on Tuesday, though a lack of new supply was still curtailing opportunity for investors.
March 27
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Borrowing plans cleared the Finance Committee after minority aldermen complained about diversity.
March 27
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The other finalist is a consortium that features Chicago-based broker-dealer Loop Capital Markets.
March 21
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Chicago has mollified American Airlines enough for the airline to throw its support behind a new airline lease agreement.
March 15 -
Opposition from one of O'Hare's hub carriers remains a sticking point for the pricey terminal revamp.
March 6
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Chicago is seeking $4 billion in initial borrowing authority to launch its overhaul of the airport's terminals.
February 28 -
Issuers in the Midwest sold $82.98 billion of debt last year, a 5% drop from 2016.
February 27
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With the airport's runways updated, Chicago is now aiming to modernize its terminals.
February 27
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The unfunded pension burden for Chicago, Cook County, and other local funds hit $50 billion in fiscal 2016.
February 20
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Musk's The Boring Company is one of four firms and teams that responded to the city's request for qualifications.
February 7 -
Chicago has yet to identify to how it will pay for higher future pension funding, but Kroll says the city can manage.
February 5
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Chicago says no taxpayer funds will go to build a proposed express line between downtown and O'Hare.
February 2
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The city will see Monday if its retooled sales tax securitization issue is a go with the market.
January 19
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Chicago plans to jump into the market with next securitization when its "tone" improves.
January 18
