Regional News

The bond parties want the U.S. Court of Appeals for the First Circuit in Boston to overturn the U.S. District Court's rulings on their efforts to gain control of PREPA.

Bond parties said U.S. District Court Judge Laura Taylor Swain's arguments against a claim were wrong on several bases.

The local government is seeking to replace LUMA Energy as the island's transmission and distribution company.

The defendants include many of the largest municipal bond underwriters.

Illinois released its 2025 Annual Comprehensive Financial Report last week, completing the report nearly eight months earlier than its 2024 ACFR.

Ohio Gov. Mike DeWine on Monday signed the state's $3.7 billion FY2027-28 capital budget, lauding the budget's breadth and impact on ordinary Ohioans.

Kansas City, Missouri, is weighing $235 million in special obligation bonds to help fund the $1.4 billion expansion of the KC Current's two-year-old stadium.

After the latest cyberattack struck a K-12 school system, rating agencies and muni market participants warned of an evolving risk to school district issuers.

The BB-plus rated borrowing comes as high-yield supply remains strong in the muni market.

The College of the Holy Cross, enjoying rising student demand in a time when other private schools are struggling, will take out variable-rate and taxable debt.

Blockchain-based technology is coming for munis. Despite the market's slow crawl towards modernization, backers believe that the transition is inevitable.

On the state P3 front, PennDOT aims to complete a review of a proposed $5 billion toll lane project next year.

The state's leading Democrats are divided on the benefits of California's proposed billionaire's tax

The lawmakers say their bills would establish safety standards for independent, third-party assessments of artificial intelligence systems and models.

The port processed 840,165 twenty-foot equivalent units in May compared to 716,618 a year ago.

Budget legislation was introduced in both houses of the California legislature last week, setting up negotiations.

Democrats have, at least temporarily, blocked measures that would have led to local sales tax increase referendums.

The Commonwealth Transportation Board in Virginia rolled out a $28.5 billion, six-year transportation infrastructure improvement plan that covers roads, bridges, rail, and more.

"The upgrade recognizes two important factors: the strong operating performance of Vogtle Units 3 and 4 since entering commercial service and the strength of the project's contractual framework," said Ernest Libershteyn, MEAG director of finance and treasury.

For the first time since 2023, Georgia will bring its general obligation bonds to the municipal bond market, with a $1.57 billion competitive deal.

The potential timing for a water supply emergency, which had been projected for December, was pushed nine months into the future with the help of rainfall.

Debt proceeds are earmarked for renovations to the university's football stadium, as well as for student housing, parking and other athletic projects.

The nearly $18.3 billion fiscal 2027 budget signed by the governor this month provides $1.4 billion in tax cuts over four years.

The latest update for the project at the Southwest Airlines hub showed an estimated $2.54 billion price tag and plans to issue general airport revenue bonds.