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Orrick, Herrington & Sutcliffe take the top spot with a 10.29% market share.
Source: LSEG
Education: Top 10 bond counsel of 2023
May 29, 2024 3:00 PM
Analysts unsure about the impact of the firings on bondholders.
Over the past three trading sessions, MMD yields have been bumped nine to 12 basis points, while UST yields have fallen over 20 basis points on the front of the curve.
Some bondholders have retained legal counsel while others are in the dark about the company's plans.
City council approval of a five-part bond proposition for the Nov. 4 ballot comes as Denver faces a two-year, $250 million budget shortfall.
Recent years' credit quality was "akin to a sugar rush," one investor said. Now we're seeing "fiscal normalization," an analyst suspects.
The state faces a $1.2 billion revenue hit in fiscal 2026 , as well as future spending pressures, from President Trump's One Big Beautiful Bill.
