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The UC Regents will close the books on its $1.1 billion refunding deal that included the refunding BABs Wednesday. Investors do not appear to be penalizing the issuer in secondary trading as spreads have stayed at or near the original pricing.
March 26 -
The calendar is led by several high-profile deals, including $2.7 billion of GOs from California, $1.5 billion from New York City and $1.1 billion from Washington. High-yield gets another dose of unrated project finance debt from Miami Worldcenter Project tax increment revenue bonds. The Bond Buyer 30-day visible supply sits at $12.06 billion.
March 22 -
The initiative proposed by business interests would amend California's constitution to prevent the state from approving tax increases without a two-thirds majority vote of the Legislature and voter approval.
March 22 -
Alex Boutyrski, who joins as a senior vice president, will work in the group launched by John Baracy in February.
March 21 -
California State Controller Malia Cohen says her office will get the release of the state's ACFR back on track within two years.
March 20 -
California State Senate suggests deficit-shrinking cuts ahead of formal budget.
March 18 -
Though the economists don't expect a recession looking out two years, there is a lot of risk related to the conflict in the middle east and uncertainty around monetary policy.
March 13 -
Raymond James' 10 hires include six senior bankers and an entire Citi public finance team focused on California.
March 11 -
One investor is offloading the debt, while another sees an opportunity.
March 8 -
"Our firm is committed to expanding in regions and sectors with robust muni issuances and we view the K-14 market in California to be a great intersection of such," said Gary Hall, SWS president of infrastructure and public finance.
March 7