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Chicago's captured a new low in recent history on tax-exempt spreads but the taxables, which were downsized by $500 million, faced a tougher road amid Treasury volatility.
December 10 -
Thirty-day visible supply drops to $13.54 billion with still a large chunk of new issues to be priced Wednesday and Thursday.
December 7 -
Chicago's long-planned refinancing was led by a GO tranche priced Tuesday with spreads of 33 to 86 basis points, and follows with the Sales Tax Securitization piece Wednesday.
December 6 -
Chicago Mayor Lori Lightfoot is aiming to present her pick among five casino bidders to the City Council early next year.
November 23 -
The massive Chicago-based system that operates in 21 states scored a ratings boost from S&P and a revised outlook to positive from Fitch.
November 17 -
The tender/exchange offer is built into a more than $1 billion refinancing the city plans to price in early December.
November 17 -
Moody's joined the other three rating agencies in returning O'Hare's outlook to stable as Chicago plans to tap an up to $2.3 billion new money and refunding authorization next year.
November 5 -
The outlook revisions boosts a city with some $8 billion in borrowing in the works, including more than $1 billion before the end of this year.
November 4 -
Chicago anticipates a casino-resort development will result in a $200 million annual jackpot — with room to grow — to help cover public safety pension contributions.
November 1 -
The city’s timing is good as long as market demand for municipals, especially higher yielding paper, stays on track, municipal bond investors say.
October 28