Munis

The University of Chicago went to market this week, as the Trump administration has targeted higher education and faculty criticize budget and program cuts.

The proposed $1.3 billion arena would be financed with city revenue bonds, along with county taxes, subject to voter approval, and a team contribution.

RBC Capital Markets will be the underwriter for the bonds, which will have a maximum maturity of 40 years.

Dan Hartman of PFM attributed the drop to fewer prepaid gas deals, one-time large transactions last year like Jefferson County's and normal timing variations.

The 10-campus public university system apparently scrapped plans to price $1.5 billion in debt this week.

It's the latest attack on one of the nation's largest infrastructure projects that has long been the focus of Republican ire.

Gary Hall and Sobani Warner were named co-presidents of Siebert Williams Shank as CEO Suzanne Shank focuses on client relationships and strategic initiatives.

Bond sales in the eight-state region totaled $54.9 billion, trailing the nation with an 8.1% gain year-over-year as Texas issuance slipped 7.6%.

The state is expected to pursue a TIFIA loan instead of toll revenue bonds.

Municipal bond insurance volume grew 12.6% in the first half of 2025 year-over-year, according to LSEG data.