Finance

S&P Global Ratings cautioned Chicago's leaders about issuing pension obligation bonds and avoiding a backslide on budget progress.

Municipal bond supply plunges to under $6 billion next week after seeing over $10 billion of new issues priced this week.

The last of the large municipal bond deals came to market on Thursday, led by a $1.5 billion healthcare offering from Ohio.

Fitch Ratings said it won't lower its ratings because of JEA's litigation attempting to shed a power purchase agreement with Georgia's MEAG.

Things began to quiet down in the municipal bond market on Thursday, as most of the big deals have come and gone for the week.

California competitively sold nearly $900 million of bonds while the Salt Lake City airport deal was priced in the negotiated sector.

Continued fiscal progress a year in the wake of resolving outstanding casino tax appeals moved Atlantic City’s credit rating toward a B grade for the first time since early 2016.

Veteran Florida bankers Matthew Sansbury and Alex Bugallo joined the firm’s public finance division as managing directors.

The Georgia Supreme Court won't delay a referendum to de-annex half of Stockbridge, though the state's de-annexation law is still being challenged in court.

Investors saw more volume hit the market on Wednesday as California sold nearly $900 million of municipal bonds.

The New York City issuer led Tuesday's new issue supply surge as municipals traded mixed.

In their pleading, banks said the plaintiff is "precisely the sort of 'busybody' " that is prohibited from making such claims.

Deals from issuers in New York, Illinois, Tennessee and Minnesota hit the market on Tuesday.

Municipal bonds turned mixed on Monday as two New York issuers offered deals to retail buyers.

Technology problems with the nation's first commuter rail P3 threaten to unravel the partnership and junk the bonds issued for the project.

Deals from two New York issuers were offered to retail buyers on Monday as a supply-heavy week began.

The municipal bond market is set for almost $11 billion of new supply.

Moody's cut the rating of Oak Lawn, Illinois, to the lowest investment grade level.

Municipal bond supply jumps to almost $11 billion next week as investors get set to see a wide variety of deals heading their way.

Pension obligation bonds won't be in the mayor's budget plan, and rising rates are making it harder for a deal to pencil out.