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Chicago Boosts RBC Credit Line by $100 Million as Deficit Looms

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

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Bloomberg broke the news in United States on Tuesday, October 14, 2025.
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