Wisconsin

A local memorial service in Madison, Wisconsin, for Hoadley is set for Saturday with a Washington, D.C., gathering expected in November.

Higher education borrowing led by century bond deals helped offset the dive in refundings brought on by rising interest rates.

Frank Hoadley retired in 2013 after 25 years as Wisconsin's capital finance director during which he built a reputation as a standard bearer of state debt management.

Wisconsin Capital Finance Director David Erdman, who is leaving for the private sector, hands the reins of the office to his deputy on Friday.

Erdman closes the books on a three-decade career with Wisconsin next week and heads to municipal advisory firm Baker Tilly.

This week's $61.8 million Wisconsin Health and Educational Facilities Authority deal folds two new subsidiaries into the obligated group.

The firm poached four Piper Sandler bankers to increase its presence in a sector that serves one of the fastest-growing U.S. demographics.

If the deal closes, the two systems say they will evaluate existing debt structures and combine credits where possible and beneficial.

Wisconsin's debt manager Dave Erdman will make the leap to the private sector when he exits state employment after three decades.

The city's share of American Relief Plan Act funds eased fiscal pressures and provides runway for the city to work on a pension funding fix.

"If you clean it, they will come," says an EPA official as new federal environmental funding helps cities revamp old industrial areas into new neighborhoods.

Frank DeGuire rejoined Quarles & Brady in Milwaukee this week after working as an in-house corporate attorney.

Larry Wiemer II succeeds Dennis Reilly as head of the Wisconsin's conduit agency that assists the not-for-profit hospitals, educational and other organizations in accessing the municipal market

Moving beyond its goals for the ownership makeup of a deal team, Wisconsin pushed for diversity among the lead contacts working on a recent transaction.

The new-issue calendar for the holiday-shortened week is $4.98 billion, with $3.633 billion of negotiated deals and $1.347 billion of competitive loans.

Dennis Reilly will leave the conduit issuer after 26 years to focus on establishing a not-for-profit lending footprint for Fifth Third in Wisconsin.

Wisconsin now expects a $3.8 billion surplus in its current two-year budget, setting the stage for a partisan fight over what to do with it.

Wisconsin closed fiscal 2021 with a record $1.18 billion positive balance based on the GAAP yardstick that had long showed the state in the red.

Richard Li is leaving the Milwaukee comptroller's office after nearly two decades to work on Connecticut's state debt issuance.

The long end of the municipal curve rallied under a backdrop of stronger-than-expected October jobs data and upward revesions to the prior two months ahead of the arrival of $9.6 billion next week.