Community Standouts
New Issuance
Air traffic control tower at Phoenix Sky Harbor International Airport

Among the reasons S&P cited for the upgrades are "very high activity levels and long history of favorable enplanement trends."

Air traffic control tower at Phoenix Sky Harbor International Airport

Among the reasons S&P cited for the upgrades are "very high activity levels and long history of favorable enplanement trends."

Anatomy of a Deal
Sanzillo_Tom_IEEFA_2017.jpg
MuniThink

With all the wrongdoing by powerful players in the public and private sectors, it appears very likely that these players may owe lots of money to bondholders.

Andrew Kalotay says taxpayers would have come out half a billion ahead had the issuer waited out the call date instead of refunding their exempt bonds with taxable paper for 14 transactions between 2018 and 2020.
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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