Florida

The finance team burned the midnight oil to assemble and market one of the most complex deals in the municipal market this year.

The doctrine of separation of powers bars the court from telling him how to invest the county's money, he claims.

The borrower is planning to use a convertible taxable "Cinderella" structure in the wake of a delay in securing tax exemption for a chunk of the deal.

The upgrade affects most but not all of MEAG's outstanding bonds.

Moody's believes Florida will sell bonds to help replenish the CAT fund this spring.

Tourism Development Tax, sales tax, and Professional Sports Facilities tax and revenue refunding bonds were upgraded, impacting $628 million of debt.

In the long run, Helene and Milton may further drive already rising property insurance costs, while in the short-term S&P placed three utilities on CreditWatch.

Florida will use its own cash, not from a refunding bond, to buy up to $500 million of bonds tendered.

Mr. Barnett, whose journalism career stretched nearly half a century, was a "consummate professional," who was well-liked by colleagues and muni industry professionals.

Local governments that were in Hurricane Milton's path, however, will face significant credit challenges, Moody's said.