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Florida Wastewater Deal Pitched as Southeast's First Green Bond
Florida's East Central Regional Wastewater Facilities Operation in Palm Beach County expects to sell the Southeast region's first green bonds.
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The Virginia Tobacco Settlement Financing Corp. won't have to dip into reserves this year thanks to a settlement with bankrupt Lehman Brothers. more »
The Orange County Transportation Authority, Calif. issued a request for qualifications Oct. 27 seeking firms interested in working on the $900 million expansion of a stretch of Interstate 405. more »
The Harris County-Houston Sports Authority plans to refinance more than half of its outstanding debt after settling legal disputes with bond insurer National Public Finance Guarantee. The authority plans to issue $579 million. more »
Daniel Keating, a 35-year veteran of the municipal bond market and former Bear Stearns & Co. executive, joins insurer Build America Mutual as senior managing director for municipal bond markets starting Monday. more »
A $1.6 billion New York City Development Corporation nonrated financing for the 3 World Trade Center Tower project will thunder into the primary market this week, giving investors a rare opportunity to grab triple-exempt, high-yield bonds from a large specialty state, municipal sources said. more »
Inflows for all municipal bond funds declined by 90.8% as investors pulled money out of long term and high yield funds. more »
The Michigan Finance Authority sold $300 million of bonds for Detroit's convention center Wednesday, seeing yields on the tax-exempt debt ranging from 2.73% on 10-year maturities to 3.44% on 20-year maturities. more »
Connecticut will become the latest state to issue green bonds, state Treasurer Denise Nappier announced Wednesday. more »
Orrick Herrington & Sutcliffe LLP and Hawkins Delafield & Wood LLP maintained their positions atop bond counsel rankings as muni volume sank in the first nine months of the year, while former No. 3 Squire Patton Boggs, fell out of the top 10. more »
A refunding deal assembled by the County of Los Angeles Redevelopment Refunding Authority triggered some positive rating actions for debt issued by the former Community Redevelopment Agency of Los Angeles. more »
Lumesis and Municipal Bond Information Service have entered into a strategic partnership to increase the transparency around pre-trade indicative price information, and post-trade operational practices. more »
Navigating through market turmoil, the Connecticut Housing Finance Authority was oversubscribed by 2.5 times and sold $157 million of bonds. more »
Louisiana will sell $675 million of bonds next month if a dispute over a year-end surplus clears up and ratings can be obtained. more »

Americans are suffering the consequences of Congress, governors and legislators across the U.S. pushing the burden of today's costs onto the backs of tomorrow's taxpayers by repeatedly putting off infrastructure repairs and new construction.

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