Chicago Public Schools seeks $1.55 billion credit line

CHICAGO (Reuters) - The cash-strapped Chicago public school system will rely on a $1.55 billion line of credit in fiscal 2017 to boost cash flow, up from $1.065 billion in fiscal 2016, according to a briefing document released by the district on Monday.

from Reuters: U.S. http://ift.tt/2bxkO11