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High inflation and high costs for construction and borrowing add to a strained labor market complicating some planned municipal issuances.
May 19 -
"Our ratings reflect the progress the city has made over time on important issues like rebuilding reserves and improving the health of our pension fund," said Philadelphia Treasurer Jackie Dunn.
May 12 -
Outflows continued with the Investment Company Institute reporting investors pulled $128 million from mutual funds in the week ending March 29, after $693 million of outflows the previous week.
April 5 -
Maurice "Mossie" Murphy Jr. died after a three-year battle with cancer.
February 15 -
Moody's downgraded $651 million of Main Line Health Services revenue bond debt to A1 from Aa3.
December 12 -
The city has estimated liabilities of between $100 million and $500 million and assets of only between $10 million and $50 million, according to the filing.
November 11 -
The $200 million bond deal prices next week. The Jesuit school absorbed the nearby University of the Sciences earlier this year.
November 4 -
Triple-A curves were a touch firmer in spots as secondary trading took a backseat to the larger primary activity with Connecticut and Massachusetts pricing general obligation bonds, a large CommonSpirit healthcare and several competitive issues led by Rhode Island GOs.
October 18 -
The Investment Company Institute reported $2.527 billion of outflows from muni bond mutual funds in the week ending Aug. 31 compared to $765 million of outflows the previous week.
September 7 -
The Northeast's issuers sold $49.69 billion of municipal bonds in the first half of 2022, down more than 18% year-over-year.
August 12