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

Markets

Shruti Singh

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October 14, 2025

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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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