The Latest

The Foothill/Eastern Transportation Corridor Agency's $892 million deal is expected to yield $100 million in present value savings.

Kenneth E. Bentsen Jr., the securities industry trade group's CEO, warned against a proposal to exempt some muni advisors from registering as broker-dealers.

Peter Ireland, an economics professor at Boston College and a member of the Shadow Open Market Committee, discusses why the Fed’s 2019 “reversal” made sense, the economy, low inflation, how referencing a rule could help the Fed with monetary policy, and the biggest challenge facing the central bank. Gary Siegel hosts.

Michael Scarchilli, The Bond Buyer’s Editor-in-Chief announces that the $6.5 billion CommonSpirit Health financing, the largest ever by a not-for-profit health system, won The Bond Buyer’s 2019 Deal of The Year award. Dan Morissette, CFO of CommonSpirit Health, accepts the award for the deal which consisted of both a complex debt restructuring and new money reimbursement.

Courtney Shea, winner of the private sector Freda Johnson Award for Trailblazing Women in Public Finance, speaks at The Bond Buyer’s Deal of the Year ceremony Dec. 4.

Ritta McLaughlin, winner of the public sector Freda Johnson Award for Trailblazing Women, speaks at The Bond Buyer’s Deal of the Year ceremony on Dec. 4.

The deal consisted of both a complex restructuring of nearly 50 series of debt and new money reimbursement, and generated the largest order book for a municipal not-for-profit transaction, with $40 billion in orders.

The muni primary was busier than expected, as two mega deals priced one day early to take advantage of market conditions.

The state should allocate $4 billion, the majority of its 2020 private activity bond allocation, to affordable housing, said the California Housing Consortium.

The Metropolitan Nashville Airport Authority prices $807.7 million in subordinate bonds Thursday for the capital plan.