The Latest

The group of banks would pay $68 million to settle the lawsuit, which originally estimated damages at $340 million.

The FOMB needs to return to its "deal mindset" so that we can end the bankruptcy at PREPA. While gaps remain between the FOMB's and bondholders' affordability analyses, they are not insurmountable.

Nonprofit assisted living and nursing home bonds continue to be under stress, with defaults and impairments on the rise.

Moody's boost to Aa1 to the Desert Community College District affects more than half a billion dollars of general obligation debt.

The airport's bond ratings were raised a notch to A-plus by S&P and to AA by KBRA.

The IFA and CWA launched a tender offer June 23 that closed Friday. The IFA and Citizens' tender invited holders of some bonds sold in 2014, 2016, and 2018 to tender their bonds as part of the water refunding.  

Bond Buyer 30-day visible supply climbs to $13.42 billion while the new-issue calendar is led by a $1 billion-plus New York City Transitional Finance Authority future tax-secured subordinate deal.

The preliminary approval was granted in a New Jersey federal court.

After months of feuding on how to deliver a massive property tax cut, lawmakers finally passed legislation for an $18 billion package.

Proceeds from the sale will be used to fund infrastructure projects in the city's $164.8 billion 10-year capital plan.