Liquidity and Financial Overview of Cook County

Transaction Overview Issue Ratings Security Use of Bond Proceeds* Issue ■ General Obligation Refunding Bonds, Series 2022A and Taxable General Obligation Refunding Bonds, Series 2022B (collectively, the "Series 2022AB Bonds") ■ S&P: A+ (stable) / Fitch: AA- (stable) / Moody's: A2 (positive) ■ General Obligations secured by the full faith and credit of the County ☐ ☐ In addition, the County covenants and agrees to levy ad valorem taxes upon all taxable property in the County for the payment of the Bonds through maturity ("Pledged Taxes") No limitation as to rate or amount Pledged Taxes directly deposited into Bond Fund and may not be withdrawn by County for non-debt service purposes (i) Refund all or a portion of maturities of the County's General Obligation Bonds Series 2012C and (ii) pay costs of issuance Series 2022A Principal Amount* ◉ $270,620,000 " Federally tax-exempt Tax Status ■ Illinois taxable Structure* Series 2022B $9,185,000 Federally taxable Illinois taxable ■ Fixed rate bonds due November 15, 2022 through 2033 with interest commencing November 15, 2022 Optional Redemption* ☐ Optional par call on 11/15/2032 * Preliminary, subject to change. of coo CO 4 Optional make-whole redemption

View entire presentation