BRADENTON, Fla. - Assured Guaranty Ltd. said during its earnings call Tuesday that it will reconsider insuring municipal bonds in states that do not have a framework in place to approve bankruptcy petitions, citing Jefferson County, Ala., and Harrisburg, Pa.
Huntington Securities has hired Shai Markowicz, a veteran of Citi and Morgan Stanley, as managing director and head of project finance.
A sweeping Illinois bill to loosen local government audit requirements is on pause, but its backers hope to push the legislation through next session.
Munis and USTs both received a boost from news of a possible peace deal with Iran.
TIFIA and RRIF programs were slightly expanded and airport authorities will now be able to apply for CRISI grants.
The rating agency cited solid financial performance and a stabilizing leverage profile.
Affirmation of Otero County's ratings comes as a state law threatens bonds it sold for a detention facility used by federal immigration enforcement.
