Newsmakers
$1.3 Billion Needed for Chicago Pension Funds, Debt Payments, KBRA Says
The bond rating agency suggests positivity, despite rocky road ahead.
Tag: Chicago
BDO: Top ’17 Retail Risks are Economic Conditions, Regulations, Security
78% of retailers see risks associated with regulations tied to data privacy and security.
Risk
Chicago Public Schools Borrows $275 Million for Teachers’ Pension, Seeks Additional $112 Million
The district says the loan “creates sufficient cash” in order to fulfill pension obligations.
Risk
Chicago Public Schools to Borrow $389 Million to Fund Pension Plan
School district is required to pay pension fund $716 million by June 30.