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Kestrel Verifiers has certified as green a tranche of bonds that will finance the ethanol plant in California's economically challenged Imperial Valley.
June 3
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Even with a 23.3% year-over-year drop in May, with five months now officially in the books, long-term muni volume stands at $169.45 billion, ahead of the $157.96 billion issued in 2020.
May 27
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It could take the nation, heavily influenced by New York and California, 18 months to return to full employment, Fitch Ratings said.
May 26
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A reported preliminary 25.8% drop in May issuance shows how strong fund inflows, improving credit and the reopening of governments are keeping the muni market issuer friendly.
May 26
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Cruise ship ports in the U.S. may see some light at the end of the tunnel after more than a year without any departures because of the COVID-19 pandemic.
May 26
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California Gov. Gavin Newsom and President Biden outlined separate plans Monday to increase spending to prepare for natural disasters.
May 25
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Low interest rates, looming CalPERS amortization changes and pandemic-related budget hits were cited as factors in the record year for California POB deals.
May 24
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Strong technicals have been the theme, and with federal aid and better-than-expected tax receipts coming in, issuers are not tapping the market as much as investors would hope.
May 21
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The bulk of $743 billion in improvements needed to alleviate climate risk and aging infrastructure would be borne by the utilities, a rating agency says.
May 20
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The state's surplus is overstated and agencies can't handle the mountain of cash proposed in the May budget revision, state analysts say.
May 18
