Standard & Poor's Ratings Services said it has corrected by reinstating its D rating on Puerto Rico Public Finance Corp.'s series 2012A bonds due Aug. 1, 2015.
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Public backlash over data centers is affecting political positions in the mid-term elections and inspiring legislation in Loudoun County Va., the acknowledged front line of the debate.
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As parties renewed arguments on the administrative expense claim, some judges probed the nature of the bondholders' contribution to PREPA.
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Proposed federal grant rules and dwindling aid are among the factors that municipal market participants should be tracking, said panelists at The Bond Buyer's infrastructure conference.
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Foley & Judell's Hathorn is to receive this year's Bernard P. Friel Medal while Barnes & Thornburg's Henck is to receive the Frederick O. Kiel Distinguished Service Award.
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Joe's introduction to municipal bonds came long before his career began. His parents, who owned a small business, regularly invested in municipal securities.
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"I've always been driven more by people than subject matter," Kirsten says. "The people I met were passionate about what they do and that passion was contagious."
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