Takeaways by Bloomberg AI
- Goldman Sachs Group Inc. took down a portion of a $454 million debt deal from Chicago after boosting yields on the sales-tax bonds.
- The city achieved its goal of reducing debt costs with the refunding, but there were adjustments made to the offering yields from the pre-marketing.
- Tensions between Chicago Mayor Brandon Johnson and the city council are growing over how to close next year’s nearly $1.2 billion deficit.
Bloomberg Markets
By Shruti Singh
November 20, 2025