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Mayor Rahm Emanuel's administration is interested in a similar structure for a pension obligation bond.
January 17 -
Illinois and Chicago will be this week's headliners as the state comes under new leadership while the city sells the biggest municipal bond deal of the week — a $551 million offering from the Sales Tax Securitization Corp.
January 14 -
After a lackluster week, the muni market is hoping to get back on track.
January 11 -
The $551 million issue wraps up a nearly $3 billion program; $7.7 billion of proposed pension obligation bonds rely on similar structure
January 10 -
Alderman Edward M. Burke, who held sway over the city's bond deals for decades, resigned with key pieces of Mayor Rahm Emanuel's agenda still pending.
January 4 -
Cities across the state are looking for pension relief as J.B. Pritzker prepares to take the reins as governor.
December 31 -
Mayor Rahm Emanuel says his pension package offers a path to further stabilize city employees' pensions without burdening taxpayers.
December 14 -
Chicago would issue up to $10 billion of POBs under a proposal the mayor left to city council to decide.
December 12 -
Rahm Emanuel will back a constitutional amendment to rein in pension benefits while city pension obligation bonds remain in play on a longer timeline.
December 11 -
Municipal bonds closed out the week stronger ahead of a hefty new issue slate.
December 7