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Keeley Webster

Recent Stories From this Author

Nevada Gets Mixed Ratings Ahead of $300M Sale
February 5, 2016 Rating agencies affirmed a two-notch spread on Nevada's highway revenue bond ratings ahead of a $200M competitive sale.

San Bernardino Reaches Tentative Agreement with Bondholders, Insurer
February 5, 2016 The holders of $50 million in pension obligation bonds have reached a tentative agreement with San Bernardino in its Chapter 9...

Backers Defend Revenue Bond Measure
February 4, 2016 Backers of a California initiative that would require referendums for state revenue bonds defend measure.

Golden State Water Ratings Seen Remaining Stable
February 4, 2016 California water and sewer ratings remain stable despite the challenges presented by the ongoing drought, Fitch Ratings said.

Water District Covenant Violation Seen as Harbinger
February 3, 2016 Municipal Market Analytics expects that more California water utilities could experience bond covenant violations as they...

Moody's Weighs Stadium Boomlet
February 2, 2016 A Moody's Investors Service report evaluates the risks and benefits of public and private financing amid a surge in new U.S....

NFL Chargers Commit to San Diego for 2016
February 1, 2016 San Diego Chargers owner Dean Spanos said he plans to double-down on efforts to build a stadium in San Diego, though he hasnít...

California School CABs Make Comeback
January 28, 2016 Capital appreciation bond issuance by California school and community college districts more than tripled to $999 million in...

California Unfunded Retiree Health Benefits Pass $74 Billion
January 27, 2016 California Controller Betty Yee urged public employee unions to negotiate prefunding of retiree healthcare benefits as her...

California Budget Gains Seen as Precarious
January 25, 2016 Stock market swings could affect California's credit quality, which is linked to its ability to maintain balanced fiscal...

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New York City Comptroller Scott Stringer discusses improving the city's pension system with Bond Buyer senior Northeast reporter Paul Burton. Stringer also examines the effect of the proposed state budget on the city and reminisces about his cousin, the late Congresswoman Bella Abzug.

While the SEC's MCDC Initiative has provided some clarity with regard to materiality and confirmed that the reasonable diligence standard of Rule 15c2-12 applies to both negotiated and competitive deals, no clarity has been offered with regard to the extent of the reasonable diligence obligations of those participating in competitive deals, as co-managers, syndicate members or selling dealers. ...

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