Due to an editing error, yesterday's front-page Deal in Focus story included inaccurate information in the lead paragraph and in the jump headline. Houston plans to issue nearly $1 billion of debt before the end of the month: $450 million of revenue bonds for the Houston Airport System and $500 million of general obligation bonds to fund city improvements.
Among those approved is a $117 million variable rate demand bond expected to be marketed late this year.
Earlier Thursday, the market was "chugging along, doing OK, just kind of nothing, in between slight strength to modest upticks, but the narrative changed when that bank news came out. The market really ran pretty quickly," said Chris Brigati, managing director and CIO at SWBC.
"Going forward, the staff will provide the other side with at least four weeks to make Wells submissions," SEC Chairman Paul Atkins said in a recent speech.
The attackers did not steal any data, but the firm had to rebuild its servers to get back into operation, said Albert Rodriguez, a manager at ImageMaster.
"The project is not dead," said the transportation planning board chair.
Fitch Ratings cited the hospital's growing revenue and other factors in lifting the issuer's outlook.
