News and Information from Bond Buyer

The deal helped pave the way for the reopening of the capital markets for not-for-profit health systems amid the then-insurgent COVID-19 pandemic.

Pinned into a corner from the economic effects of COVID-19, the mass transit agency tapped its remaining amount available through the Municipal Liquidity Facility, which expires at year's end.

Wisconsin will use new pools for negotiated transactions starting next year

As co-director of the Enforcement Division, Stephanie Avakian oversaw charges the SEC made against municipal bond “flipping” schemes.

Hawaii's governor announced that state employees would be furloughed two days a month; the state sold $750 million of GO bonds in October to fund operations.

Bid list volume is trending higher into the end of the year, but its share as measured against overall high demand does not pose much of a threat, analysts say. Refinitiv Lipper reports $992 million of inflows.

The largest tranche of the deal, $706 million with a 5% coupon in 2047, yielded 4.15%, a 275 basis point spread over triple-A paper.

The $1,000 denomination Liberty Bond deal aimed to lure socially conscious, retail investors to broaden its investor base.

For taking proactive measures to update city infrastructure during the height of pandemic, Tampa, Florida's $362.8 million water and wastewater systems revenue and refunding revenue bond transaction earned The Bond Buyer's Deal of the Year for the Southeast Region.

Moody's dropped the Chicago Archdiocese' rated debt by three notches to Ba1.

The Department of Justice filed a federal complaint alleging conditions at Alabama prisons violate the constitution, as the state continues to negotiate public-private partnerships to build three lockups.

COVID-19 brought the primary to a standstill in March and April. The municipal market is now set to eclipse $450 billion of issuance in 2020, a record.

With rising COVID-19 cases and increasing local restrictions, jobless claims can be expected to continue rising, economists said.

The twin ports of Southern California, in Long Beach and Los Angeles, both reported record numbers this fall.

Bridge funding from a lame-duck Congress could help plug operating deficits and stave off doomsday measures, agency leaders insist.

Conduit issuer Trust for Cultural Resources for the City of New York will issue the $77 million green transaction.

Dave Rudd, president of 280 Capmarkets and Prescott Nasser, co-founder and chief technology officer, talk about how technology is changing the municipal landscape, the need for the market to focus on ESG and how the industry has made it through COVID and 2020. Lynne Funk hosts. (21 minutes) Recorded on November 12.

The state attorney general is asking the court to clarify the legal standard for denying taxpayer actions and decide if the state constitution limits GO borrowing to capital purposes.

The state will use debt service savings from the refunding side of the deal for near-term budget relief; the deal includes its first taxable refunding bonds.

Muni benchmarks were steady while new deals re-priced to lower yields in a tale of two markets. ICI reported more inflows.