Northeast

The authority's borrowing apparatus is maintaining a business-as-usual approach it embarks on a massive new capital program and fends off federal cuts.

Fitch Ratings joined Moody's in upgrading Connecticut this week as the state prepares to sell $1.8 billion of general obligation bonds.

Analysts credited governance improvements Connecticut put in place in 2018, which have reduced the state's liabilities and improved its reserves. 

Maryland's comptroller reports the state is projecting a $189 million drop in general fund revenue due to the unfolding effects of the One Big Beautiful Bill Act, which could result in the state decoupling from federal tax laws.

The mega-mall's investors will receive their second payment since the reserve fund ran dry in 2022.

From leases for floating wind farms to projects nearly finished with construction, no offshore generation project is safe from the Trump administration.

"We are expecting a lot of interest in the offering next week," said Geoff Urbina, managing director, KeyBanc Capital Markets Public Finance.

A injunction blocked the service cuts that would have balanced SEPTA's budget. 

BondLink's client issuers reached over $500 billion in bond sales while working with the municipal bond platform.