Organization Root Tag

Goldman Sachs is lead managet for the issuance, which includes tax-exempt and taxable bonds.

Preliminary yields in the offering memorandum show spreads of 112 to 169 basis points over triple-A benchmarks, substantially lower than spreads seen in a successful speculative grade PRASA refunding in December.

The last week of July marks a lighter calendar while August redemptions are huge compared to the expected supply. Investors need to get in line and likely accept lower yields and continued historically low ratios.

What bond-market guru Mohammed El-Erian said Friday was enough to make bond investors listen like they’re in an old E.F. Hutton commercial.

FirstEnergy will pay $230 million under a deferred prosecution agreement with federal authorities in the alleged pay-to-play that benefitted its former subsidiary FirstEnergy Solutions.

While the truckers returned to work Thursday night, their union said board interference could lead to a renewed strike.

It was a busy quarterly board meeting for the MSRB.

Out-year deficit borrowing looms after massive federal aid runs out, Chief Financial Officer Robert Foran tells the board.

The economic impact of the strike will depend on how long it lasts and how many truckers stick with it.

The rating agencies affirmed two AA-plus and one triple-A rating ahead of the deal.

Federal Reserve Chair Jerome Powell enjoys broad support for his renomination among top White House advisers, though the decision is expected later this year.

To ensure continued economic growth, the state has seen a need to diversify into alternative water sources to meet projected needs as well as respond to drought and protect the environment.

Increasing attention to whether inflation is a problem for the U.S. economy and financial markets isn’t resolved easily by looking at the most recent economic and financial market data.

Florida Funders investment in eMerge Americas is aimed at helping Miami’s tech and entrepreneurial hub grow across the state. Miami Mayor Francis Suarez joined its board.

The agency withdrew its ratings on the commonwealth and all of its authorities for its own business reasons.

California Treasurer Fiona Ma accused of sexually harassing agency director

The prominent Chicago health system's refunding will simplify its debt structure, cut interest rates, and provide longer-term fixed financing.

David Whitaker has been appointed president and chief executive officer of destination marketing for the Greater Miami Convention & Visitors Bureau

As congestion pricing looms, the mass-transit authority is hearing calls to rework its system to attract riders to support its capital program.

Exclusive coverage of the Government Finance Officers Association’s national virtual conference, plus additional Bond Buyer content tailored toward debt managers and municipal advisors.