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Stock impact report

Muni Momentum Spurs Illinois to Speed Up $1.8 Billion Bond Sale [Yahoo! Finance]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Americans Are Racking Up ‘Phantom Debt' That Wall Street Can't Track Stormy Daniels Will Return to Court in Test of Trump's Demeanor Trump Judge Indefinitely Postpones Documents Case Trial US Pauses Arms Shipment to Israel on Rafah Invasion Concerns The state sold $1.55 billion in tax-exempt bonds and $250 million in taxable debt for capital projects and to finance an accelerated pension payment program on Tuesday. Illinois received more than $12 billion in orders, which includes $1.5 billion from retail investors, according to the state. While the state is still the lowest rated in the US, it has earned nine credit rating upgrades in the last three years, pulling back from the brink of junk near the start of the pandemic. Illinois now carries three A-level grades. “Illinois received tremendous feedback from the bond market,” Paul Chatalas, director of capital markets for the state of Illinois, said in an emailed statement on Wednesday. “Based o Show less Read more
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