Chip Barnett is a journalist with almost 50 years of professional experience. He started his career at the Gannett Newspapers in Westchester County, N.Y., working his way up from back-shop compositor to Senior News Editor. Barnett later worked for Thomson Reuters in Manhattan, covering state and local government finance as a Reporter and later Executive Editor for TM3.com and as Editor in Charge of Municipal Finance for Reuters News. Later, he was the Editor of Municipal Finance Today at SourceMedia. Barnett has also worked for DebtWire/Municipals and has written about commercial real estate in South Florida and the Midwest for both The Real Deal and Globe Street. Barnett is currently a Reporter at The Bond Buyer.
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Teague, most recently an executive director of the municipal securities department at Morgan Stanley, will focus on surface transportation.
By Chip BarnettApril 26 -
"Just like the ATM became an additional transaction channel in the banking industry, I believe distributed ledger technology will provide municipal issuers with a similarly valued tool to sell their bonds," said Rick Coscia, Quincy's Strategic Asset Manager.
By Chip BarnettApril 25 -
"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.
By Chip BarnettApril 23 -
Fitch Ratings said the negative outlook on the BB-plus rating reflects Miami Jewish's thin operating profile.
By Chip BarnettApril 22 -
"The upgrade is supported by strengthened debt service coverage ratios due to better than expected recovery from the pandemic," Fitch said.
By Chip BarnettApril 22 -
"Numbers are hard to come by in a comprehensive way, but we do learn the state's budget is targeted at $237 billion," said John Hallacy. "This budget is clearly not a 'caretaker' budget, but one that adds significant spending. The question is how that spending will affect the out-years."
By Chip BarnettApril 22 -
John Fleming is pushing back against a proposal in the state Legislature to change the way the state Bond Commission oversees the issuance of debt by cities, counties and local governments and entities.
By Chip BarnettApril 18 -
"We were originally thinking that we would offer five-, seven- and 10-year maturities, with $500 million in each tranche. But we decided today to just offer 5s and 10s — $500 million of five-year bonds and $1 billion of 10-year bonds," said Ben Watkins, Director of Florida's Bond Division.
By Chip BarnettApril 15 -
"We withdrew the rating because we have determined we do not have sufficient information to maintain a forward-looking credit opinion on the city," S&P said.
By Chip BarnettApril 11 -
The city gave no reason for the cancellation of its redemption plans or bond issuance, but reserved the right to call the 2010B BABs for redemption in the future.
By Chip BarnettApril 10