The Dec. 19 issue of The Bond Buyer contained wrong information on a $210 million bond issue to finance student loans in Louisiana that was approved by the Louisiana Bond Commission. The proceeds will be provided to the Louisiana Education Loan Authority, which is a subsidiary of the Louisiana Public Facilities Authority. The president and chief executive officer of the LPFA is James W. Parks 2d, who was misidentified in the story.
The review, which included mostly Texas and Colorado bond issuers, comes as the amount of voter-approved debt authorized for districts is exploding.
This strength comes after another "challenging week" for the muni market, which continued to deal with ongoing macroeconomic uncertainty and somewhat heavy supply, said Daryl Clements, a muni portfolio manager at AllianceBernstein.
Bernardi Securities founder Edward Bernardi passed away peacefully on March 21 in his Lake Forest, Illinois, home. He was 95.
S&P cited the system's structural challenges, physical risk exposure and uncertainty about the system's overall financial and operational trajectory.
Children's hospital achieves moderate to low-risk yield on junk-rated bonds boosted by insurer.
Triple-A Harvard's latest deal provides, through its offering documents, a snapshot of the state of the Trump administration's campaign against the school.
