Goldman Sachs took the top spot in underwriting public power debt, coming in at nearly $6 billion in 2023.
Source: LSEG
This year's portfolio growth will save the city $2.18 billion over the next five years, Comptroller Brad Lander said.
The municipal bond market is "doing pretty good for the moment," said Jeff Timlin, a managing partner at Sage Advisory.
The risk Brightline Florida poses to the rest of the high-yield market may manifest in fund flows, investors said.
The spaceport PAB statute was crafted in a way that's likely to appeal to the tax-exempt bond market. Nixon Peabody's Johnny Hutchinson said.
A judge approved an injunction requested by 20 states to temporarily halt the Federal Emergency Management Agency from diverting money from a disaster preparedness program.
Mayors and city leaders are using a combination of bond financing and public private partnerships to build and preserve affordable housing while working with a patchwork of regulations and facing opposition.