Illinois postpones $500 million bond sale

Subscribe to BizTimes Daily – Local news about the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin.

Illinois’ $500 million general obligation bond sale that was scheduled to price on Wednesday has been postponed, said a market source.

This was Illinois’ first deal since a state legislative session ended this month without any resolution to a huge unfunded public pension liability that threatens to erode the state’s credit rating further.

Read more in Crain’s Chicago Business.

What's New

BizPeople

Sponsored Content

Summer flash sale! Unlock all of BizTimes for just $7 / month

Limited time offer. New subscribers only.

Close the CTA

Holiday flash sale!

Limited time offer. New subscribers only.

Subscribe to BizTimes Milwaukee and save 40%

Holiday flash sale! Subscribe to BizTimes and save 40%!

Limited time offer. New subscribers only.