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The state's ratings are low investment grade, but the secondary market is pricing its bonds as high-yield.
April 7 -
S&P Global Ratings moved its outlook on Illinois' BBB-minus to negative from stable on "worsening economic conditions," an action that also impacted sales tax, convention center and sport facilities' bonds.
April 6 -
Gov. J.B. Pritzker said the state can afford to keep paying for critical services as the coronavirus toll mounts.
March 26 -
Thirty-six firms made the cut, and eight didn't, when Illinois reviewed broker-dealer qualifications for new underwriting pools.
March 25 -
The city and state haven't put dollar amounts on what they need but both were already facing budget and pension stresses before the public health crisis struck.
March 20 -
Other Midwest legislatures are canceling sessions or weighing early spring breaks to slow the spread of COVID-19.
March 12 -
S&P sees positives in Gov. J.B. Pritzker's proposed fiscal 2021 budget but they don't move the rating dial given a daunting bill backlog and pension strains.
March 6 -
The Metropolitan Pier and Exposition Authority updated its latest offering statement to warn of the risk posed to its bottom line as did two systems with upcoming deals.
March 6 -
The rating agency will await the legislature's passage of a final budget before casting a credit judgment.
March 2 -
Taxable refundings caught on in the Midwest as they did elsewhere in the nation, helping the region post a 19% volume gain.
February 25