Organization Root Tag

Illinois faces swap terminations and higher floating-rate costs if its ratings sink much further.

A federal jury found Christopher St. Lawrence, the former town supervisor of Ramapo, N.Y., guilty of criminal fraud.

Key Texas lawmakers agreed on a formula to extend the Dallas police and fire pension fund’s life.

Puerto Rico put its Highways and Transportation Authority and Employees Retirement System into bankruptcy affecting $9.5 billion of debt.

Federal tax reform efforts could mean trouble for public pension plans, experts said.

The GFOA will continue its efforts to narrow the SEC's events notice proposal in the wake of its letter on the topic.

Issuers and others suggested market participants come together to narrow the SEC's proposal on disclosing alternative debts.

Puerto Rico’s April employment rose above 1 million for the first time since August 2013.

Chicago Public Schools will borrow against delayed state grants to finish the school year.

Tim Sullivan will become research director at the Citizens Budget Commission in New York.

Goldman Sachs opened the first of a two-day retail order period for the Hudson Yards Infrastructure Corp., N.Y.’s $2.15 billion tax-exempt deal as municipal bonds were unchanged ahead of next week's $7.02 billion calendar.

The first hearing of the Puerto Rico Title III case on Wednesday reinforced that the battle between general obligation and Puerto Rico Sales Tax Financing Corp. (COFINA) bondholders will be a central issue as the biggest municipal restructuring gets underway.

University of Connecticut bonds are on Moody's review for downgrade.

The municipal bond market on Friday will be looking ahead to next week’s new issue calendar as participants eye falling bond yields. The largest deal of the upcoming week is from the Hudson Yards Infrastructure Corp. will offer $2.19 billion of second indenture revenue bonds.

Tax hikes, cuts, and reforms are needed to tackle Illinois' fiscal crisis, a business group suggested.

In an IRS-driven exchange, a Florida jail operator will exchange tax-exempt bonds for taxable debt.

S&P Global Ratings named Ken Gacka to manage analysis of the not-for-profit healthcare sector.

New Jersey lawmakers sued, challenging the private placement of debt for the State House renovation.

California school districts are still waiting for the windfall from November's bond elections.

Connecticut's governor and lawmakers are trying to patch a projected $5 billion deficit.