Pennsylvania

The high-demand market environment boosted Philadelphia’s first general obligation bond deal of 2020.

Alan Schankel, a longtime municipal bond analyst and managing director at Janney Capital Markets in Philadelphia, has retired.

Paige Cognetti takes over in the aftermath of a corruption scandal and faces tough economic challenges, including an adverse ruling in a taxpayer lawsuit.

Pittsburgh International Airport is partnering with the University of Pittsburgh on an additive manufacturing epicenter.

Ballard Spahr’s public finance group is increasing in size as it grows beyond traditional tax-exempt financings.

Twelve banks agreed to stricter antitrust oversight under the $250 million accord, said Pennsylvania Treasurer Joe Torsella.

Mayor Jim Kenney’s administration has implemented a series of measures to prepare for leaner times.

Longwood Gardens Inc., the late DuPont Co. chief Pierre S. du Pont's intensively planted Chester County estate that has become a top Pennsylvania tourist attraction, is planning a major expansion, bond documents show.

Friends and former co-workers called Paul Henry, 81, an extraordinary person and professional over his nearly 50 years in the municipal bond industry.

Fitch Ratings cut the Philadelphia-based Catholic university to BBB-minus, with a negative outlook.

Paige Cognetti will fill out the term of Bill Courtright, who resigned and pleaded guilty to corruption charges.

Strong investor demand for Philadelphia bonds underscores the city’s fiscal strides, according to Jim Kenney.

The expiration of a federal highway bill could provide a catalyst for expanding bonds, according to former Senate Finance Committee tax counsel, Ryan Abraham.

Interest rates the district will pay on a recent $600 million deal are lower than it paid in its previous bond deal a year and a half ago.

Greater Nanticoke Area School District has posted a legal notice of plans to float bonds in an amount "not to exceed" $17.5 million, to be used for "advanced refunding of the school district's outstanding general obligation bond." The move is projected to save about $600,000.

Fitch Ratings upgraded the district to BB-plus from BB-minus.

The legal teams for Baltimore and Philadelphia asked the court to reject the banks’ plausibility argument as well as their claim that the suit is barred by a four-year statute of limitations.

Penn Hills School District officials hope to save millions through bond refinancing.

Managing Director, PNC Capital Markets

Partner, Saul Ewing Arnstein & Lehr, LLP