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With positive news out of California and New York, strong financials continue for munis.
March 8
John Hallacy Consulting LLC -
The latest reversal of Puerto Rico's Title III bankruptcy court again draws attention to PROMESA's failure to meet its goals of restoring fiscal responsibility and capital market access for Puerto Rico.
February 22
Assured Guaranty Ltd. -
Careful reading of the amendments reveals that there are three types of events — not just two — which may have to be reported.
February 22
Orrick, Herrington & Sutcliffe LLP -
The bigger risk is that the President and U.S. Senate won’t be able to install new (or existing) members within 90 days.
February 21
New York University Marron Institute of Urban Government -
The issue of infrastructure cannot be fully negotiated without the loss of advance refundings being discussed.
February 20
City of Columbia, SC -
While public corporations are required to file an annual audit within 60 days after the close of the year, municipal bond borrowers often take close to triple that time or longer.
February 14
Merritt Research Services LLC -
The State of the Union speech fell short on infrastructure while the COFINA settlement in Puerto Rico shed a harsh light on revenue bonds.
February 8John Hallacy Consulting LLC -
The availability of new analytics that correctly capture the downside risk materially raises the bar on discount-bond disclosure.
February 7
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Leveraging underutilized public real estate assets through commercial development can be a viable strategy to fund capital improvements.
February 6
Alvarez & Marsal Real Estate Advisory Services -
The federal government shutdown has demonstrated the need for a more independent source of public finance for cities and urban counties.
February 5
