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The state Supreme Court upheld a law that safeguards local property tax exemptions for the hospitals.
September 26
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Other bills signed by Gov. Bruce Rauner include one to support a PACE clean energy financing program.
August 28
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It will seem like Christmas in August for municipal investors when nearly $12 billion of new issuance interrupts the dog days.
August 10
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Municipal bond volume soars to nearly $12 billion next week as supply-starved buyers await the new issue slate.
August 10
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Ascension's acquisition of Presence Health brings double-A ratings to the previously triple-B-minus debt of Presence.
June 15
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Two rating agencies put Presence Health's low-investment grade ratings on watch for upgrades.
May 17 -
The Illinois hospital nonprofit faces a rating cut to junk if merger plans fall apart.
May 3
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The largest not-for-profit health systems in Illinois and Wisconsin have cleared all regulatory hurdles to the merger.
March 29
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Moody's boosted the university to A1, an event that may have been overshadowed by the men's basketball team's Final Four run.
March 26
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A redesigned hospital assessment program will preserve $3.5 billion in funding, boosting not-for-profit hospitals.
March 12
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The acquisition by the national giant is the latest in a nonprofit healthcare consolidation wave.
March 5 -
Aurora Health Care and Advocate Health Care haven't said how the combination will impact each system's debt.
February 20 -
The municipal bond market will see $3.35 billion of new deals hit the screens next in a holiday-shortened week. Ipreo estimates weekly volume at $3.35 billion, up from $3.12 billion this week.
January 12
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The municipal bond market is gearing up for a lighter-than-average new issue calendar in a holiday-shortened week, with about $3.35 billion of bonds slated for sale.
January 12 -
Municipal bond buyers gobbled up taxable supply from Pennsylvania and Illinois Thursday as the recent rise in yields slowed.
January 11
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Municipal bond buyers saw some taxable supply hit the screens on Thursday as the recent yield rise slowed and traders' attention shifted to next week’s holiday-shortened week.
January 11 -
Municipal bond buyers are seeing the last of this week’s big deals hit the screens on Thursday as their eyes turn to next week’s new issue slate.
January 11 -
Muni yields rose as much as 10 basis points, as they weakened with treasuries on concern China may stop U.S. debt purchases
January 10
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Morgan Stanley priced a big taxable deal and won a large note sale as yields on long-dated top-rated municipal bonds rose as much as nine basis points.
January 10 -
The municipal bond primary market will be seeing several big offerings hit the screens on Wednesday — dominated by a taxable deal in the negotiated bond sector and a competitive note sale.
January 10
