Quantcast
Auction Leads to Better Bids for Chicago's The Clare at Water Tower
A bankruptcy court judge in Chicago will be asked next week to approve a $53.5 million cash offer to purchase the assets of the Clare at Water Tower continuing-care community in a deal that provides holders of the facility’s $229 million of debt with a recovery rate of at least 20 cents on the dollar, sources said. 2 A bankruptcy court judge in Chicago will be asked next week to approve a $53.5 million cash offer to purchase the assets of the Clare at Water Tower continuing-care community in a deal that provides holders of the facility’s $229 million of debt with a recovery rate of at least 20 cents on the dollar, sources said.  more »
Massachusetts' request for qualifications for public finance investment banking and underwriting services — its first in four years to pre-qualify banks to use in negotiated sales — has elicited widespread responses, state Treasury officials say. more »
CHICAGO — Michigan is touting the strong history and credit quality of its water loan program as it brings $240 million of triple-A rated clean and drinking water revenue bonds to market Tuesday. more »
DALLAS — Houston voters should expect a general obligation bond election in November, Mayor Annise Parker said Thursday in her third state of the city address. more »
BRADENTON, Fla. — The Kentucky Legislature Monday begins a special session called by Gov. Steve Beshear after legislators failed to pass a transportation budget last week. more »
CHICAGO — New York City-based M.R. Beal & Co. has hired municipal finance veteran Jonathan Savage to promote its Midwest presence out of the firm's Chicago office. more »
Providence dropped retired Supreme Court Justice Robert Flanders as an advisor after he said the capital city was headed to bankruptcy court. more »
The Puerto Rico Electric Power Authority upsized its expected $475 million deal to $650 million on Tuesday, one day ahead of schedule. more »
The New York City Transitional Finance Authority sold $900 million of future tax-secured, fixed-rate new money subordinate bonds. more »
The New York Energy Highway Task Force, appointed by Gov. Andrew Cuomo to implement the energy highway initiative, issued a request for information on April 11. more »
The city of Long Beach’s administration last week proposed an $87.9 million budget for the fiscal year 2012-2013, with roughly $4 million going toward the repayment of a portion of the 2011-2012 projected deficit. more »
Former Maine Turnpike Authority executive director Paul Violette has been sentenced to three-and-a-half years in prison for misusing as much as $230,000 in agency funds. more »
The country's largest mass transit system will go to market with $600 million of transportation revenue bonds on Tuesday, with retail pricing on Monday. more »
WASHINGTON — The U.S. Department of Transportation has approved a $422 million TIFIA loan for construction of a new midtown tunnel and rehabilitation of existing tunnels in Norfolk and Portsmouth, Va. more »

Pennsylvania Auditor General Eugene DePasquale tells how marijuana taxation and regulation could help the commonwealth shore up its budget. He also discusses audits by his office, unfunded pension liability and the effect of a Donald Trump presidency. Hosted by Paul Burton.

Why 3 of 4 rating agencies use A.I. and what it does.

Upcoming Events

Career Zone

Already a subscriber? Log in here
Please note you must now log in with your email address and password.