-
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.
November 6 -
The muni market continued to weaken the day after Chicago pulled the biggest deal of the week.
November 1 -
A local government watchdog raised questions because the repayment schedule for a planned $1.3 billion securitization extends beyond debt being refunded.
November 1 -
Munis will see the last weekly issuance roll in - as the past few days hasn’t gone as planned, with rising yields and rocky market conditions causing the biggest deal of the week to postpone the deal.
November 1 -
Adverse market conditions delayed the $1.3 billion deal from Chicago’s Sales Tax Securitization Corp.
October 31 -
The deal’s underwriter cited "market conditions," confirming Chicago’s deal was placed on day-to-day status.
October 31 -
The busiest day of the week, and a good test for the market, lies ahead.
October 30 -
The backloaded maturity schedule of the debt brings comparisons to the city's supposedly abandoned "scoop-and-toss" practices.
October 29 -
Nineteen deals on the schedule are $100 million or larger, including the $1.3 billion Chicago securitization transaction.
October 29 -
The municipal bond market is gearing up for what should be a busy week, with a bunch of good sized deals and one mega deal.
October 29