"I think ESG is here to stay in our market. I think it's a natural fit with the types of infrastructure that our market finances," said MSRB CEO Mark Kim.
The city received $217 million of retail orders a rarity in Illinois where local bonds don't benefit from state tax exemption and interest from 11 ESG funds.
Chicago put out pre-marketing pricing scales Tuesday on its STSC new money social bonds and refunding tranches and will take retail orders Wednesday with the pricing set for Thursday.