Rhode Island

Debt placed through conduit Rhode Island Health and Educational Building Corp. will accelerate repairs at the Paul Cuffee School, a high school in Providence.

Democrats Erick Russell in Connecticut, James Diossa in Rhode Island and Mike Pieciak in Vermont won open-seat races for state treasurer.

Blackstone Valley Preparatory will use proceeds of the $12.7 million deal to purchase and renovate school buildings.

A Rhode Island GO deal pricing next week includes $100 million for public schools; a measure on the ballot in November would authorize $250 million more.

The Rhode Island Health and Educational Building Corporation closed an $85 million deal for schools in Johnston.

The ruling "sends a strong signal to other states that trucking is not to be targeted as a piggy bank," said the president of the Rhode Island trucking association.

The former two-term mayor of Central Falls will face Republican James Lantrop, finance director for the town of North Kingstown, in the state's Nov. 8 general election.

The referendum passed Tuesday by a 70% to 30% margin an an election with miniscule turnout.

Mayor Jorge Elorza said the reworked bond proposal was better than the larger one put before the state Legislature last year.

The pandemic, and now the spreading of the omicron variant, exposed nationwide disparities in Internet access with the transition to remote work and learning.

ICI reported $704 million of inflows, a $1.1 billion drop from the week prior, bringing the total to $76 billion year to date.

The firm’s distribution capabilities across major and mid-size institutional accounts, professionally managed retail accounts, and high net worth individual accounts is a throwback to founder Archibald Bullock Roosevelt’s vision.

Ratios have moved into a higher, more favorable range, especially in the belly of the curve. The municipal calendar is building, led by taxables and refundings, after they dropped significantly in September.

He made his announcement at an under-construction elementary school to underscore a $250 million construction bond he championed.

The drenching of several regions exposed vulnerabilities that vary by state, and recurring problems that could jeopardize municipal credit.

The Rhode Island Infrastructure Bank will offer $128 million of state revolving fund revenue bonds, and RIHousing will sell $172 million of homeownership opportunity bonds.

Mayor Jorge Elorza’s $850 million POB proposal sits stalled in the state legislature while state General Treasurer Seth Magaziner called the legislation too risky.

Lawmakers could not enact the bill on the final day of the regular session, when House Republicans threatened a filibuster.

A bill would authorize its capital city to issue up to $850 million in pension obligation bonds if it can get a true interest cost of 3.5% or less.

Rhode Island Health and Educational Building Corp. is marketing the $127 million issuance as social bonds.