Chicago boosts RBC credit line as deficit looms

financialpost.com/fp-finance/banking/chicago-rbc-credit-line-100-million-deficit-looms

Chicago, which faces a roughly US$1 billion budget gap next year, has increased a revolving line of credit with RBC Capital Markets by US$100 million and extended the maturity date by more than two years, according to an amendment to an agreement dating to December 2021.
The city…

This story appeared on financialpost.com, 2025-10-14 20:56:14.
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