Goldman Left With $75 Million in Chicago Debt After Muni Sale

Goldman Sachs Group Inc. took down a portion of a $454 million debt deal from Chicago on Wednesday even after boosting yields on the sales-tax bonds that hold higher ratings...

By Shruti Singh · Bloomberg Markets

Goldman Sachs Group Inc. took down a portion of a $454 million debt deal from Chicago on Wednesday even after boosting yields on the sales-tax bonds that hold higher ratings than the city.