Commonwealth of Puerto Rico

The New York Metropolitan Transportation Authority heads to market on Monday with the week’s biggest deal — a $2 billion green bond offering.

Muni volume gets a boost during the Thanksgiving holiday week as one of the nation's biggest issuers comes to market with a type of deal that may be banned after this year under pending tax reform legislation.

The municipal bond market is looking ahead to the Thanksgiving week’s $4.2 billion new issue calendar, which is headlined by the New York Metropolitan Transportation Authority’s $2 billion green bond offering.

Texas also would get less funding than it says it needs in the White House request, set to be made on Friday.

After a busy week filled with many new deals, the municipal bond market is looking ahead to the Thanksgiving week’s calendar, which is headlined by the New York Metropolitan Transportation Authority’s $2 billion green bond offering.

U.S. Sen. Elizabeth Warren and Rep. Nydia Velázquez called for the Oversight Board to eliminate all of Puerto Rico’s public sector debt.

Two GOP Representatives argued that the Puerto Rico Oversight Board should be given additional powers over the Puerto Rico Electric Power Authority.

The biggest share of the funds, $31 billion, would be used to rebuild homes.

Title III bankruptcy Judge Laura Taylor Swain ruled that the Puerto Rico Oversight Board didn’t have the power to replace the leader of the Puerto Rico Electric Power Authority.

The Title III Puerto Rico bankruptcy judge will hear arguments Monday on the Puerto Rico Oversight Board’s motion to replace the Puerto Rico Electric Power Authority’s leader.