Finance

The county’s 25-year, $339 million refunding sold with an all-in, true-interest cost of 3.38%.

Top-quality municipal bonds were stronger at mid-session, traders said, as more deals came to market.

Municipal bond traders are set to see more deals head their way on Thursday as the market will see the last big sales of the week hit the screens.

The end of a two-year old budget impasse led S&P to affirm Illinois and assign a stable outlook.

Top-rated municipal bonds finished stronger on Wednesday as a large deal from a New York and New Jersey issuer hit the screens while a deal from a Chicago issuer was postponed until next week.

A merger between Philadelphia University and Thomas Jefferson University will have no immediate credit impact , according to Moody’s Investors Service.

While working on two bond sales and finalizing a new budget, Cook County, Ill. is eyeing layoffs.

S&P Global Ratings said it affirmed its BBB-minus rating on Illinois' general obligation bonds, and the BB-plus ratings on the state's appropriation-backed debt, which includes Chicago's outstanding motor fuel tax (MFT) revenue bonds.

Struggles with tuition revenue growth landed a junk rating for Hartwick College in Oneonta, N.Y.

The county plans to price $344 million of limited obligation refunding warrants, with a new 1% local sales tax supporting debt service.

Top-rated municipal bonds were stronger at mid-session, according to traders, who were seeing another wave of supply hit the market.

Gov. Tom Wolf and Pennsylvania lawmakers must still agree on a revenue package

Junk status underscores the need for a 'far-sighted restructuring,' according to Luke Bronin.

Municipal bond traders on Wednesday are expecting another wave of supply to hit the market, with large deals coming from a New York and New Jersey issuer.

The New York City Transitional Finance Authority’s $1.01 billion deal was accelerated by a day with the bonds being priced for institutions on Tuesday.

The threat of a junk bond label took center stage when Illinois lawmakers passed a budget.

Fitch Ratings lowered the Sooner State to AA from AA-plus.

California firm 280 CapMarkets offers cloud-based trading software for independent advisors.

The pricing on the New York City Transitional Finance Authority’s $1.01 billion deal was accelerated by a day as top-quality municipal bonds turned mixed on Tuesday.

Gov. Tom Wolf bought time to pass the bills necessary to fund Pennsylvania's $32.2 billion spending plan.