Finance

MSU plans to issue roughly $784 million of bonds, $450 million of which will be used to cover settlement costs from the sexual abuse scandal involving Larry Nassar.

Munis finished mixed as California State, Los Angeles Airport and L.A. County Facilities Inc. hit the market.

The deposit exceeds some pre-budget estimates that the fund would receive $14 million, said Gov. Tom Wolf.

Municipals were mixed at mid-session as the last of the week’s big deals came to market, led by a bond offering out of California and a note sale from Colorado.

Moody's has cut the ratings of 31 Illinois municipalities due in part to pension strains over the last 18 months.

Three Republican senators have introduced legislation that would slash federal spending for transportation and federal fuels taxes and put more responsibility on states for transportation infrastructure and all mass transit projects.

Two Dallas-area school districts put their recently approved bonds up for sale to a receptive market.

Requests for municipal bond identifiers rose in June for the fourth month in a row as the Dormitory Authority of New York sold $1.79 billion of bonds to a supply-starved market.

The league tables show a return to normal from the first quarter, when PFM, Citi and JPMorgan all placed lower than usual.

Municipal bonds were stronger at mid-session as a swell of supply swept into the market on Wednesday.

BlackRock says relative valuations and historical seasonal trends suggest favorable conditions for municipals.

Fitch Ratings says the application of its new rating criteria is not expected to result in widespread downgrades.

Chicago Public Schools has GO, revenue, and refunding bond deals in the works.

Municipal bond buyers were seeing the first of the week’s deals come to market as two big competitive issues sold.

The combined $10 million payment by Aetna, The Hartford and Travelers is a positive for Connecticut's struggling capital, according to Moody's Investors Service.

The summer lull, trade policy, the Fed, and the lack of a federal infrastructure plan all weigh against a recovery in muni volume this year.

Congress might provide clarity by preventing states any state from imposing retroactive liability.

While munis turned in a mostly solid performance on Monday, a Charles Schwab & Co. report said they are less likely to outperform Treasurys in the second half.

DTE Electric Co. is seeking a $537 million reduction in its taxable value, possibly threatening the county's credit rating.

The Vermont Municipal Bond Bank is expanding its individual investor outreach ahead of its newest transaction.