Municipal market veteran Faye Boatright has joined BondFactor Co. in New York, sources confirmed Friday. If the firm sounds unfamiliar, that’s because the name recently changed from BondModel, the bond guarantor start-up.

It’s unclear what caused the makeover, but the company said in an e-mail that only the name has changed. BondFactor is “a newly formed holding company that will perform all activities previously contemplated to be performed by” BondModel, it said.

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