After having been withdrawn from the energy bill in the Senate, controversial legislation to provide federal funds to Flint, Mich., and any other community facing a water crisis, has been included in a major water bill introduced in the chamber this week.
Sewon Kim has joined Siebert Brandford Shank as head of its Transportation Banking Group, the firm announced on Wednesday. Kim, a 16-year industry veteran, will be based in the firms New York City headquarters on Wall Street.
Are you looking for ways to elevate your market knowledge and career? Find out how becoming a Certified Fixed Income Practitioner will help accomplish your personal and organizational goals. Taught by leading industry experts and conveniently delivered online via an interactive learning platform, Bond School is designed to help you build the foundational knowledge needed to effectively navigate the complex and ever changing financial markets.
See how the CFIP program has helped your colleagues and peers.
A Corps of Engineers study assessing storm and flood risks is credit positive for Floridas local governments because it will prioritize projects eligible for federal funds, Moody's Investors Service said Friday. more »
In a near unanimous vote, the Senate Environment and Public Works Committee on Thursday passed a bill that includes $1.4 billion in federal funding for Flint, Mich. as well as any other community facing a water crisis. more »
After having been withdrawn from the energy bill in the Senate, controversial legislation to provide federal funds to Flint, Mich., and any other community facing a water crisis, has been included in a major water bill introduced in the chamber this week. more »
A bill introduced by Senate Democrats would increase funding for state revolving funds, permanently reauthorize a program to provide low-cost loans for water projects, and remove the cap on private-activity bonds for water and wastewater projects. more »
Brian Fraser, co-chair of the litigation department at Richards Kibbe & Orbe LLP, examines the challenges of distinguishing a loan from a bond and a loan from a security, in a chat with Bond Buyer northeast regional editor Paul Burton.
Worst case, to-maturity debt service calculations that ignore the issuer's optional redemption feature lead to flatly wrong calculations for critical items like expected capital cost, refunding savings, and simple, basic principal and interest payments.