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With the estimated cost rising to $1.2 billion, the city council took action to end planning for the project, sparking concerns about outstanding bonds.
September 5 -
The Westin Chicago Lombard's owner is returning to market with unrated bonds designed to cure payment defaults on debt issued to exit bankruptcy in 2018.
September 3 -
Aleon Metals, along with its subsidiaries, which sold more than $300 million of tax-exempt revenue bonds since 2019, filed Chapter 11 bankruptcies in August.
September 2 -
Data center projects, which are proliferating across the country, are taking advantage of tax breaks that can be costly for states and local governments.
September 2 -
Legislation passed in Texas and other Southwest states this year seeks to increase or explore funding sources to finance water supply and infrastructure.
August 26 -
The University of Chicago went to market this week, as the Trump administration has targeted higher education and faculty criticize budget and program cuts.
August 22 -
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.
August 21 -
The Virginia Port Authority will sell bonds to finance upfront rent payments for the privately owned Virginia International Gateway.
August 11 -
The rating agency cited stong debt service coverage and modest leverage.
August 11 -
Lincoln's City Council unanimously passed three ordinances on Monday paving the way for the bond-financed construction of a new central public library building.
July 30