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An indefinite closure of New York retail businesses during the COVID-19 pandemic added credit pressure on revenue bonds issued for the state’s largest mall.
May 11
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Rating criteria changes and a ruling in the Puerto Rico III case have undermined some investors' and analysts' confidence in revenue pledges.
June 10
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Chicago officials say the city will complete its $3 billion securitization program with a $600 million deal as soon as January.
November 19
