CHICAGO—(ENEWSPF)–October 26, 2017
By: State of Illinois Communications
Yesterday the State sold $4.5 billion in general obligation bonds to pay down a portion of Illinois’ roughly $15 billion backlog of unpaid bills. Proceeds from today’s bond sale, together with the proceeds from the $1.5 billion Series 2017ABC general obligation bonds that were sold competitively last week, will be used to help cut the State’s backlog approximately in half by June…
