Finance

Competitive pricing and speed convinced the owners of the Carlsbad, California, plant to use a taxable bank loan instead of tax-exempt debt.

As is the case with the muni market, corporates remain strong. Owning higher-quality has been a theme. Our guest Matt Brill, head of U.S. investment grade credit at Invesco, warns that: "winter is coming" and to prepare while times are good. John Hallacy hosts.

Trade and geopolitical disruption will likely consume much of the policy narrative the rest of this week.

Tuesday saw bond sales come and go, the day before the Fed is expected to cut interest rates.

The deal led a rare burst of issuance for a Monday, with the start of the Federal Open Market Committee meeting set for Tuesday.

The authority is slated to issue $41.9 million of revenue refunding bonds in a competitive deal Thursday.

Mayor Lori Lightfoot needs to achieve her 2022 target of structurally balancing the city’s books to preserve Chicago's BBB-plus rating, S&P said.

With interest rates likely to fall lower after Fed policy makers meet, already favorable market conditions for municipal issuers will get even better.

State Treasurer Randy McDaniel said the state’s efforts to increase reserves, eliminate structural deficits, improve pension finances, and diversify the state’s economy are working.

Both women will be honored as part of The Bond Buyer's Deal of the Year gala on Dec. 4 in New York City.

The issuance keeps pouring into the municipal market as muni fundamentals and interest rates drive demand.

Lori Lightfoot would close an $838 million gap with a mix of permanent and one-time maneuvers including new taxes, spending cuts and debt restructuring.

ProMedica Health System was downgraded to Baa3 by Moody's Investors Service, which assigned a negative outlook.

The new wave of bond issuance continued unabated as more sales priced on Wednesday.

llinois paper is looking more attractive when held up to Chicago city and Chicago Public Schools bonds, Citi analysts write.

Massachusetts also came to market with a $1.4 billion sale of revenue anticipation notes in three offerings.

Improving the capital city's system could generate tax-base growth and economic activity, according to Moody's Investors Service.

There's something for everyone on this week's primary calendar.

Taxable bonds will replace interim financing that funded land acquisition for the plant, which may not match the vision that drew state and local subsidies.

Although the supply/demand ratio is still lopsided, the recent surge had made things a little more balanced.