Community Standouts
  • Joan Stern has been elected to The Bond Buyer's Muni Hall of Fame

    Joan Stern, a legend in public finance law in Philadelphia and Pennsylvania, is a member of The Bond Buyer's 2024 Muni Hall of Fame class.

  • Michael Charlebois was chosen as a Rising Star by The Bond Buyer

    "When I joined Stradling right out of law school, I didn't know what public finance was and I didn't know what I was getting into, but I quickly discovered that I love what I do," said Charlebois.

  • Passengers board a Brightline passenger train in Miami.

    The finance team burned the midnight oil to assemble and market one of the most complex deals in the municipal market this year.

New Issuance
Andy Nakahata

Andrew Nakahata officially takes the helm of the California Infrastructure and Economic Development Bank on Wednesday.

Andy Nakahata

Andrew Nakahata officially takes the helm of the California Infrastructure and Economic Development Bank on Wednesday.

Anatomy of a Deal
Ed Fierro and Sarah Tahir of Bracewell LLP
MuniThink

While the SEC's cybersecurity rule does not apply to municipal issuers, there are a few points discussed in the Adopting Release that may be useful for municipal market participants. 

The Securities and Exchange Commission flag flies in front of a building.
MuniThink

Issuers routinely refund 5% bonds in year 10, and the resulting savings can be significant. It is notable that although refunding is typically associated with declining interest rates, 5% bonds are refunded even if rates rise.

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