Thursday's story about Ambac Financial Group and its bond insurer Ambac Assurance Corp. included an incorrect reference. Ambac will continue to underwrite student loan securitizations in cases where the issuer is a state agency or a single-state nonprofit organization.
Thursday was quiet in the muni market as many deals — which did pretty well upon pricing or selling — came to market earlier in the week, said Ron Banaszek, co-head of public finance and lead underwriter at Blaylock Van.
The groups are taking additional steps to try to stop or pause development of a major industrial park between New Orleans and Baton Rouge.
Academics, policy makers and lawmakers are exploring ways to deal with the rising costs of operating bus lines and identify funding options.
The agreement launches a six-month process in which the consortium will evaluate opportunities to design, build, operate, finance and maintain one or more segments of the program.
The continued weakening of the higher education sector means investors will have to take into account the quality of the institution.
A state court validated up to $1.35 billion of Series 2026 special tax revenue bonds for a project to replace the city's convention center.
