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CFO Jack Wetzler said analysts’ emails were accidentally overlooked, prompting the negative rating action.
September 25 -
Florida’s share of hurricane-related costs will weigh on the state as it nears a structural budget imbalance.
September 20 -
Top-shelf municipal bonds were mixed at midday, according to traders, who are looking ahead to next week’s new issue calendar. Ipreo estimates total bond volume for next week at $4.72 billion.
September 15 -
Municipal bond traders on Friday are looking ahead to next week’s new issue calendar.
September 15 -
The Southeast must reassess risk after Hurricane Irma, according to a disaster recovery expert who forsees long-term impacts on state and federal policy.
September 13 -
Top-rated municipal bonds ended weaker on Tuesday, according to traders, as the first of this week’s new deals hit the screens, led by sales from New York City and Louisiana.
September 12 -
Top-rated municipal bonds were weaker at midday, according to traders, as the first of this week’s new deals hit the screens on Tuesday.
September 12 -
Municipal bond traders are set to see the first of this week’s new deals hit the screens on Tuesday, led by deals from New York City and Tennessee issuers.
September 12 -
Hurricane Irma is the first test in many years for the bond-funded entities created to ensure Florida residents can obtain property insurance.
September 11 -
Top-quality municipal bonds ended weaker on Monday, according to traders, who were looking ahead to a $7.42 billion new issue slate dominated by deals from New York City and Maryland.
September 11