Chicago's refinancing steers clear of scoop-and-toss
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A complex refinancing deal pricing next week continues Chicago's move from scoop-and-toss practices but still front-loads savings to help balance the city's budget.
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Twelve years after filing what had been the largest municipal bankruptcy in history, Jefferson County, Alabama came to market with $2.24 billion of investment-grade warrants and received orders equal to 11.6 times par.?
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The Washington, D.C., City Council has given the green light to funding for the city's baseball stadium, while also laying out hiring goals for the $515-million renovation to Capital One arena, home to the city's professional hockey and basketball teams.
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Endnotes
Today’s top stories include:
Chicago's refinancing steers clear of scoop-and-toss
Anatomy of a deal: Jefferson County, Alabama's Southeast winner
Washington, D.C., Council approves arena deal