The 10 largest underwriters of electric power issuance in the first half of 2024 accounted for $8.68 billion.
Morgan Stanley was first in $2.21 billion, followed by J.P. Morgan with $1.74 billion and Goldman Sachs with $1.34 billion.
Source: LSEG
Civic Builders, a 23-year-old nonprofit charter school developer and financer, borrowed though the public municipal bond market for the first time.
The state was one of three where one person was responsible for deciding how to invest pension money.
Issuance takes a bit of a breather due to the Juneteenth holiday and the Federal Open Market Committee meeting, Barclays strategists said.
If passed it would untangle sections of the tax code that limits the use of Low-Income Housing Tax credits by Native American tribal governments.
The California High Speed Rail Authority said state funds and a potential public-private partnership would be able to cover the initial Central Valley segment.
"There's a lot more we can do now that we have a platform," said DPC DATA CEO Ken Hoffman.
