News and Information from Bond Buyer

The Unsecured Creditors Committee say that two factors make it clear the current restructuring deal will never be approved.

Denver International Airport plans to apply up to $560 million of existing bond funds to accelerate a gate construction project.

The announcement comes at a pivotal time for the municipal market as the SEC released a statement earlier this month detailing the kinds of coronavirus disclosures municipalities should be making.

First finance officer from a K-12 school district to serve as GFOA president had to deal with coronavirus fallout.

GFOA will be launching a new online learning-management system by the end of the year to connect its members.

The board, a vestige from the 1970s fiscal crisis, is a lingering motive for the city to approve a balanced budget.

Investors, while confident long-term about the transit authority, worry about immediate risks, Chairman Patrick Foye said in a letter.

Taxable equivalent yields on exempts are close to converging into taxables.

Fairfield, Alabama, weighed down by fiscal problems long before the coronavirus hit, filed for bankruptcy saying it is insolvent.

The GFOA is advocating for federal funding for special districts, which have not received any specific funding.

Moody’s Investors service downgraded the archdiocese to Baa1 from A1.

Groups want action before municipalities have to approve their budgets.

Numbers in the fall will offer clearer picture of where economy is.

The path to recovery from the coronavirus — medical and economic — remains murky and unclear.

Steve Skancke, chief economic advisor at Keel Point, discusses negative interest rates and what parts of the market would suffer most from their implementation. Gary Siegel hosts.

With the status of federal relief uncertain, Illinois may ask lawmakers for approval to borrow as much as $4.5B through the Fed's MLF to deal with a coronavirus pandemic tax hit in fiscal 2021.

Clark Hill senior counsel Andrew Maher will serve a one-year term.

Municipal to U.S. Treasury ratios were attractive, especially on the short end, which drove secondary yields lower.

FOMC members see uncertainty and considerable economic risk from the coronavirus.

Moody's warns the current economic turmoil poses more pension-related credit risks for Illinois and many of its local governments than did the Great Recession.