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The latest reversal of Puerto Rico's Title III bankruptcy court again draws attention to PROMESA's failure to meet its goals of restoring fiscal responsibility and capital market access for Puerto Rico.
February 22
Assured Guaranty Ltd. -
The December index value was down 0.7% from November.
February 22
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Municipal bond buyers are looking forward to a more robust new issue slate for next week.
February 22
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Municipal bond buyers gave a warm reception to the two deals totaling $473 million.
February 21
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About 30 investment funds filed a motion in the Employees Retirement System's bankruptcy to be named as its trustee.
February 21
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The bigger risk is that the President and U.S. Senate won’t be able to install new (or existing) members within 90 days.
February 21
New York University Marron Institute of Urban Government -
Puerto Rico Sales Tax Financing Corp.’s COFINA deal faced new challenges, while the Supreme Court declined to hear an appeal on HTA.
February 20
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The ruling may benefit bondholders, though an appeal and political wrangling over Oversight Board appointments threaten to prolong the uncertainty.
February 19
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Portfolio managers look likely to drive demand for this week’s new issue slate, which totals under $3 billion.
February 19
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Munis showed strength as traders returned to work on Tuesday after the three-day holiday weekend.
February 19
