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Gross savings from the transaction is expected to be $378 million, or about $11 million a year, which would result in around $250 million in net present value debt service savings.
February 9 -
Dennis Reilly will leave the conduit issuer after 26 years to focus on establishing a not-for-profit lending footprint for Fifth Third in Wisconsin.
February 9 -
The unrest potentially has short- and long-term impacts on the local government and its finances, analysts say.
February 9 -
The Federal Reserve Bank of Boston announced Susan Collins, provost and executive vice president for academic affairs at the University of Michigan, will become its next president effective July 1.
February 9 -
The 70-page report homed in on some muni-specific risks uncovered during examinations.
February 9 -
Jim Burton, a municipal bond specialist with three decades of industry experience, will lead the national municipal sales team at financial services network StoneX Group.
February 9 -
A selloff in Treasuries didn't throw Washington's deal off course, according to the treasurer's office.
February 9 -
It's the latest salvo in a growing controversy over the Federal Highway Administration's December memo discouraging states from building new highway capacity.
February 9 -
S&P Global Ratings has revised the outlook to positive from stable on the Bluegrass State and affirmed the A issuer credit rating.
February 9 -
The state of Washington sold $743 million of general obligation bonds in the competitive market at similar spreads to its November sale while some issuers have moved to the day-to-day calendar.
February 8















