Rich Saskal

Joan Stern, a legend in public finance law in Philadelphia and Pennsylvania, is a member of The Bond Buyer's 2024 Muni Hall of Fame class.

The measure would have requested $20 billion of bond authority from voters in nine San Francisco-area counties; backers said they would try in a later year.

A $345 million taxable bond deal will support the public-private partnership arrangement that will upgrade the College Park campus district energy system.

An off year from municipal bond issuers in the Northeast in 2023 pulled the national volume numbers into negative territory.

The deal includes $300 million of new money to embark on a $1.4 billion five-year capital plan.

The Plan of Action for Regional Transit asks lawmakers for $1.5 billion of new operating support for transit and at least $400 million annually of complementary capital investments.

Moody's Investors Service revised its outlook to positive from stable and affirmed its Aa1 issuer and general obligation unlimited tax bond ratings on the city.

The deal will finance construction of an 800-room convention headquarters hotel as part of a wider expansion of the facility.

The Board of Education enters the market with two speculative grade ratings and one investment grade after affirmations from the agencies across the board.

Dustin Avey and Jeremy Garber were named co-heads of public finance; Fairman, a 40-year veteran of the firm, will remain in an advisory capacity into 2024.

The city cites stronger tax collections, continued economic growth and stability, and revenue sharing increases provided in the state budget.

"As a parent and somebody who grew up in K-12 public schools I think it's important for kids to have an opportunity to have a good education," said Mattie Prodanovic.

Issuers in the Midwest sold $32.6 billion of debt spread over 1,223 deals in the first half, down from $40.5 billion a year earlier.

Fitch joined S&P Global Ratings in assigning a gilt-edged rating to the city, ahead of a planned general obligation deal later this month.

Moody's Investors Service upgraded the Connecticut capital city's issuer rating to Baa3 from Ba2.

New Jersey received a Moody's Investors Service upgrade to A1, citing the state's approach to pension funding and debt defeasement.

Legacy Cares, which built Bell Bank Park in Mesa, was due to make a $10.3 million interest payment Jan. 1, but only had $2.68 million in the bond fund, the trustee said.

Legacy Cares, which left construction contractors unpaid and had its bond trustee declare a default event, says a new debt sale will clear up its fiscal issues.

"Be ready to do anything that is asked of you," Mary Hinojosa Kelly said. "You need to have all of those skill sets in your toolbox to add value."

Nonprofit Legacy Cares failed to make three monthly payments to support debt service on $284 million of bonds issued for a multiport venue in Mesa, Arizona.