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THE BOND BUYER: Rating stability, yield-hungry market smooth Chicago's borrowing path

October 28, 2021

A flood of Chicago paper planned over the next year should find an amiable investor reception after federal aid and rebounding revenues stabilized the city's bond ratings and temporarily drowned out worries over how the city will structurally balance its books once the aid dries up. "The market will have no problem digesting that amount of debt," said Bria Battle, a director at Performance Trust Capital Partners.

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