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NEWS & COMMENTARY

Chicago Public Schools offer yield for investors willing to digest junk paper

May 15, 2018

As Chicago Public Schools returns to the market next week, investors have some concerns regarding the district's junk-status ratings and the possibility that its fiscal status threatens its long-term prospects. Performance Trust's Brian Battle weighs in on CPS's new fixed-rate, tax-exempt general obligation deal and how market conditions may affect its pricing.

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