Pennsylvania

Harrisburg, Pa., Mayor Eric Papenfuse on Friday signed off on a restructuring agreement for bonds tied to the city's Verizon Center building despite his objections, and called for an investigation into the original 1998 bond deal.

The calendar and a stronger sense of storm preparedness will help soften the blow of this winter's first major Northeast blizzard, capital markets observers said Tuesday.

Lower natural gas prices are a credit negative for local governments in gas-rich areas of Pennsylvania because the will pressure impact fees, said Moody's.

The biggest competitive municipal bond sale on this week’s calendar – the $1 billion general obligation sale from Pennsylvania, which was scheduled to go up for bidding at 11 a.m., EST, tomorrow -- has been re-scheduled because of the snow storm in the Northeastern U.S.

Pennsylvania's stressed public school districts are devising novel approaches for combating competition from charter schools, according to Moody's.

PFM Asset Management Group (PFMAM) has added a new managing consultant to help expand the firm's multi-asset class management business on the east coast.

Issuance could total $325 billion to $375 billion in 2015, Janney bond analyst Tom Kozlik told a Philadelphia investor group.

Tom Wolf will inherit a host of economic problems, sliding credit ratings and a thorny political situation when the Democrat takes office Tuesday as Pennsylvania's 47th governor.

Gov. Tom Corbett announced the investment of $53.4 million in nine drinking water and wastewater projects across six Pennsylvania counties through Pennvest.

Pennsylvania DOT has finalized all terms for the department's $899 million Rapid Bridge Replacement Project, Secretary Barry Schoch confirmed.

A committee of NFL owners and players hired PFM Asset Management to oversee the investments of their defined contribution plans.

Chris Mier, chief strategist at Loop Capital along with Tom Kozlik, director and credit analyst at Janney Capital Markets, will be presenting their forecasts for the municipal bond market at the Jan. 15 meeting of the Philadelphia Municipal Analyst Society.

Amalgamated Bank completed a $13 million TAN for Scranton, Pa., which is looking to further its reputation in the capital markets.

The Internal Revenue Service has closed a targeted audit of Philadelphia's series 2010A water and wastewater revenue refunding bonds without making any changes to the bonds' tax-exempt status.

Gov.-elect Tom Wolf talked up school funding during his campaign, but finding a solution may be difficult.

Harrisburg, Pa., officials have asked three bidders for a tax and revenue anticipation note to submit "best and final" offers, said city financial coordinator Fred Reddig.

The York City School District in Pennsylvania is in receivership after a county judge approved a request by the state education department.

Harrisburg, Pa., once a capital-markets pariah, has three banks bidding on its proposed TRAN, though with a projected fund balance of nearly $5 million, the city might not need it.

Capital Region Water, nee the Harrisburg Authority, took significant steps this year en route to a what it believes can be an investment-grade rating within 18 months.

Former high-level athletes, such as New York Giants Super Bowl champion Phil McConkey, talk about sports experiences ranging from Rose Bowl to Wembley, and reflect on how their experiences on the field help them today in finance careers.