Markets

The school district plans to price $670 million in a combined new money-refunding deal next week.

There hasn't been a huge return of capital in the muni market so far this year, with fund flows being rather anemic, said Chad Farrington, co-head of municipal bond strategy at DWS Group.

The authority approved $1.3 billion in conduit financings at its meeting Tuesday.

"Patrick has an excellent ability for not only understanding the complexities of the healthcare sector but connecting with our customers and telling the credit story in a way that provides meaningful and value-driven analysis to the market," said S&P Senior Director Stephen Infranco.

Since the COVID-19 pandemic Gretchen Sherwood has co-lead Nixon Peabody's Project Finance and Public Finance practice groups' 50 member bi-weekly team calls.

While supply this week is "softer," uncertainty and volatility may prevail once more due to "yields still not exciting longer-term investors," said Matt Fabian, a partner at Municipal Market Analytics.

Labor costs and inflation weigh on hospitals, but improvement may be on the horizon.

Munis have had a slow start "down roughly 0.25% for the first week of September bringing year-to-date returns to 1.34%," said Jason Wong, vice president of municipals at AmeriVet Securities.

Historically, "September and, to a lesser degree, October have not been kind to municipal investors."

When Los Angeles World Airports CEO Justin Erbacci steps down next month, Beatrice Hsu will step up as interim CEO.