Notification of sale of City of Chicago $646,560,000 General Obligation Bonds, Series 2024A
Mayor Brandon Johnson's letter to City Clerk Anna M. Valencia outlines the sale of $646,560,000 General Obligation Bonds, Series 2024A. The bonds, underwritten by firms including Huntington Securities, Inc., Cabrera Capital Markets, LLC, and San Blas Securities, LLC, are secured by a Trust Indenture with Zions Bancorporation. Proceeds from the bonds will be used for New Money Purposes, Recovery Purposes, and refinancing Line of Credit Indebtedness.