Due to an editing error, yesterday's front-page Deal in Focus story included inaccurate information in the lead paragraph and in the jump headline. Houston plans to issue nearly $1 billion of debt before the end of the month: $450 million of revenue bonds for the Houston Airport System and $500 million of general obligation bonds to fund city improvements.
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The 2022 law, which has so far banned three major investment banks from underwriting municipal bonds in Oklahoma, could be amended to limit its reach to state agencies.
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The SEC has won a partial victory against Choice Advisors and its principal Matthias O'Meara for their role in acting as unregistered brokers and for engaging in a fee-splitting arrangement.
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The trio have decades of experience in high yield and investment grade portfolios and will launch new high-yield investment strategies and vehicles for Rockefeller.
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"The rating action reflects our view of MIA's substantial demand, which surpasses pre-pandemic activity, and its leadership in enplanement growth for large hub airports since the fiscal 2019 peak," said S&P's Nora Wittstruck.
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A state ban on bond underwriters that "boycott" or "discriminate" against the fossil fuel or firearms industries has resulted in fewer banks providing municipal financial products and services.
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The company expects construction to take four years, with operations beginning in summer of 2028 ahead of the Los Angeles Olympics.
7h ago