Finance

The Lombard, Ill. Public Facilities Corp. is seeking to restructure its $190 million of now defaulted debt.

Municipal bond traders on Tuesday are set to see the first of the week’s big deals come to market, led by the Bay Area Toll Authority’s $1 billion deal.

Top quality municipal bonds finished unchanged on Monday, according to traders, who wereprepped to see about $7.2 billion of new supply hit the screens this week.

Municipal bond volume ended the month of July down 20% as refundings plummeted.

Halting the work is expected to save customers nearly $7 billion in additional costs, the state-run agency known as Santee Cooper told bondholders.

Wayne County works to reach agreement with Rock Ventures over jail project and solve tax problem.

Cook County can begin collecting a beverage tax that is expected to generate $200 million annually.

Top quality municipal bonds were unchanged at mid-session, according to traders, who were set to see about $7.2 billion of new supply hit the screens this week.

The municipal bond market is gearing up for about $7.2 billion of new supply this week, led by several big transportation deals.

Primary municipal bond market volume is set to rebound to a more normal level in the coming week, bringing traders a variety of offerings.

The rating agency said it doesn’t expect the budget to directly result in any local government rating changes, though school districts remain vulnerable to a possible impasse over funding.

Top shelf municipal bonds were steady at mid-session, according to traders, who were looking ahead to next week’s new issue slate.

The municipal bond market is expected to remain quiet on Friday, ahead of next week’s new issue slate.

Top-rated municipal bonds ended weaker on Thursday, traders said, as primary offerings dwindled down to a few last big deals.

Detroit will sell 36 city-owned parcels of land for the Gordie Howe bridge project.

Top-rated municipal bonds were mixed at midday, traders said, as primary offerings dwindled to a few large deals.

Gov. Bruce Rauner has called the bill a “bailout” for Chicago Public Schools and plans to use his amendatory veto powers to cut funding in half.

The municipal market will see primary offerings dwindle down to a few large deals on Thursday as traders keep a wary eye on bond yields.

Top quality municipal bonds finished mixed on Wednesday, as the Federal Reserve voted to keep interest rates unchanged.

Illinois made $740 million in Medicaid-related payments this week.