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The bonds are rated Aa2 by Moody's Investors Service, AA by S&P Global Ratings and Fitch Ratings and AA-plus by Kroll Bond Rating Agency. All four rating agencies have a stable outlook on the credit.
February 26
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An off year from municipal bond issuers in the Northeast in 2023 pulled the national volume numbers into negative territory.
February 26
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The week ahead boasts some big-name issuers and rare credits, which should provide interesting price discovery. The new-issue calendar totals $6.08 billion, with a larger competitive calendar coming in at $2.4 billion.
February 23
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More organizations are planning bond sales, although technical factors related to the election may mean deals come early in the year.
February 23
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The state has tapped JP Morgan and Wells Fargo as managers of the deal.
February 23 -
"This bill is aimed at providing more economic opportunity for our cash-strapped airports," said bill sponsor Rep. Chip Brown before the House passed it 98-2.
February 23
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New laws, fines and agencies leveraging AI are poised to impact the munis industry throughout 2024.
February 23
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U.S. DOT Deputy Secretary Polly Trottenberg traveled to Miami-Dade County to highlight the $27 million of funding provided under the bipartisan infrastructure law to Miami International Airport's improvement projects.
February 23
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"I think we are starting toward higher volume," said Raul Amezcua, senior director at Samuel A. Ramirez & Co.
February 23
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S&P cited budget pressures that have not been counterbalanced by new revenue growth when lowered the outlook on the city's BBB-plus rated GO bonds.
February 22
