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Illinois’ competitive $750 million general obligation issue proved an easy sell with tight cover bids.
November 6 -
Phil Murphy wants to put a $500 million bond referendum before voters to help pay for making the state’s water systems lead-free.
October 15 -
There are no reasonable grounds for the lawsuit to proceed, said the order from Jack D. Davis II. An appeal is planned.
August 29 -
The state of Tennessee and its school bond authority will be issue $350 million of highly rated new money bonds this month and next.
August 27 -
An Illinois circuit court judge will decide whether the case can proceed by the end of August.
August 16 -
Jack D. Davis II will decide by the end of the month whether to let the lawsuit challenging $14.3 billion of state debt proceed.
August 15 -
Nuveen and AllianceBernstein say Warlander Asset Management may be using the lawsuit to generate an "enormous profit" from credit default swaps.
August 13 -
The complaint that seeks to void repayment of $14.3 billion of debt awaits a court decision on whether it can move forward.
July 29 -
The impact of defaults by non-GO bonds was negligible to nonexistent on the ratings of GO bonds issued by the same local governments.
July 15 -
While the best case scenario is a court dismissal, analysts think the state would support bondholders should the case goes against them.
July 5