Organization Root Tag

With a general obligation bond deal in the works, Illinois can tout Moody's upgrade to A1 of the state's issuer, GO and Build Illinois sales tax bond ratings.

"SIFMA applauds the MSRB's forward-thinking efforts to modernize its rules," its comment letter said.

The New York-based business "acted as an unregistered broker in connection with 31 municipal bond offerings," the SEC alleged in its order.

Massachusetts voters may cap its revenue in November. The commonwealth's strong financial position is likely to insulate bondholders from any resulting turmoil.

The announcement — which affects the 10- to 30-year part of the curve — sent longer-term UST yields falling up to 10 basis points on Wednesday.

The ratings agency cited strong financial metrics and affordable utility rates.

The draft RBP "updates and augments" an RBP on LSTs released in 2000, the NFMA said.

"I actually think that this was a difficult case for the SEC enforcement division to bring, a close call, on the facts," attorney Andrew Kintzinger said.

Puerto Rico's electric authority, mired in nine-year-old bankruptcy proceedings, is running low on cash and its efforts to reduce outages aren't succeeding.

The professionals are expected to strengthen Raymond James' abilities in land-secured public finance.

The inspector general warned in a report that the California bullet project could run out of money for construction by December 2027.

The city's multi-billion dollar deals haven't struggled to find investors, despite budget challenges.

Chicago will make the second half of its advance pension payment this year, Mayor Brandon Johnson told the Chicago Investors Conference.

In 2015, the SEC brought a complaint against Brogdon, alleging fraudulent conduct.

The latest Moody's downgrades to the district's general obligation and lease obligation debt affect $847 million of outstanding bonds.

Counties play a unique role in the data center debate and are becoming more sophisticated in negotiating with the major players in the industry.

The outlook revision to negative from stable for the system's revenue bond ratings was spurred by expense-increasing moves in the fiscal 2027 budget.

NYC's final budget did enough for KBRA to bring its rating outlook on New York City back up to stable.

Chicago Mayor Brandon Johnson appointed Ashlee Gabrysch, formerly senior director at Fitch Ratings, to serve as chief financial officer.

One of three Federal Open Market Committee members to vote for a higher federal funds rate last month, the Cleveland Fed president is undeterred by the labor force decline in July.