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Deal offers up to 76% for Public Building Authority bonds but as little as 3% for $16B of bonds subordinated to the GO debt in Puerto Rico's constitution.
February 10
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Issuers are coming to market in droves this week as they try to take advantage of excellent market conditions and get deals done before upcoming holiday shortened week.
February 10
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Community Development Block Grants and the HOME Investment Partnerships program are targeted for elimination.
February 10
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The state conduit that issued $170 million of defaulted Better Housing Foundation bonds is weighing in as S&P prepares housing bond criteria changes.
February 10
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The idea of giving more enforcement powers to the SEC doesn't sit well with issuer officials.
February 10
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The Moody's downgrade to Baa3 for East Orange School District stems from reserve levels that have been in the red the past two years.
February 10
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Recoveries would be from 65% to 77% for general obligation and Public Building Authority bondholders.
February 10
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SEC staff stayed consistent with its message that antifraud provisions apply to all public statements made by issuers.
February 10
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The early dot plots were characterized by overly optimistic projections for gross domestic product, which were later revised down, while the projections made after 2017 have been somewhat pessimistic, but more accurate, according to research by the Federal Reserve Bank of San Francisco.
February 10
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Gov. Doug Ducey's $12.3 billion budget proposal would slightly increase the state's reserves.
February 10
