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Chicago school officials pledged to open on time after Labor Day.
July 20 -
The lockbox provision could allow issuers to borrow at higher ratings, but may punish existing bondholders.
July 19 -
The Chicago-based investment banking firm said Tuesday it will drop its municipal sales, trading, and underwriting business.
July 18 -
Fitch took Illinois off negative watch, while keeping a negative outlook on its BBB rating.
July 17 -
The end of the two-year budget drought in Illinois is a mixed bag for “downstream” credits.
July 17 -
Chicago is expected to take advantage of the new debt vehicle authorized in the Illinois budget.
July 13 -
Bank of America Merrill Lynch used a big second quarter to overtake Citi at the top of the municipal league tables, while Morgan Stanley, RBC Capital Markets and Goldman Sachs moved up in the first half rankings.
July 7 -
Moody's Investors Service said it has placed Chicago's Ba1 general obligation rating under review for possible downgrade.
July 7 -
If the Illinois House succeeds in overriding Gov. Rauner's budget veto, Chicago's pension restructuring becomes law.
July 5 -
A proposed ordinance calls for Chicago to funnel more money to two pension funds without state action.
June 28