News and Information from Bond Buyer

The review by Moody's Investors Service comes as the district is working on new money and refinancing deals.

He served a third of his career as a senior managing director of Citi’s Institutional Clients Group, a role from which he retired in June 2019.

The deal to buy 200 million masks a month will help California's medical workers while pressuring its state budget.

Moody's Investors Service revised the Pennsylvania regional health system to negative citing revenue risks from COVID-19.

The housing market may turn out to be a big factor in how fast the U.S. economy recovers.

Stay-at-home orders and school closures driven by COVID-19 have cut traffic in half or more on many toll roads and bridges.

Leading Democrats support Mitch McConnell's $250 billion for small businesses and want another $250 million for hospitals and state and local governments.

The council wants to focus on the social safety net in light of the COVID-19 pandemic.

The COVID-19 crisis has stretched many hospital groups, notably in Greater Boston, to their limits.

Financial advisors in the municipal bond market accumulated $74.48 billion, up from the $65.03 billion in the first three months of 2019. The top four places remained the same but the rest of the top 10 all saw big changes.

Despite a muted month of March due to the COVID-19 pandemic which included two weeks of no negotiated deals, muni bond issuers still sold more long-term debt than they did during the first three months of 2019. Issuers accounted for a total of $84.87 billion of bonds throughout 2,119 transactions, compared to $75.84 billion in 1,809 deals in first quarter of 2019. The top 10 features five newcomers from a year ago, including the top spot.

Underwriters of municipal bonds did the majority of business during the first two months of the year, before COVID-19 swept the country with sickness and severe spreading. The top underwriters accounted for $87.84 billion of bonds throughout 2,119 transactions, compared to $75.84 billion in 1,809 deals in first quarter of 2019.

Laura Kelly is promoting the plan as an economic stimulus.

Moody's says the downturn in activity will put additional pressure on the Caa3-rated issuer.

Tax-exempt and taxable deals priced as dealers opened up their balance sheets to new issues while the market still awaits word from the Fed on coronavirus-led purchase programs.

Tuition revenue headwinds made worse by the COVID-19 pandemic cost New Jersey’s Rider University its investment grade rating.

Marshall Medical Center in Placerville was cut to BB-plus.

The state's ratings are low investment grade, but the secondary market is pricing its bonds as high-yield.

GASB is considering postponing the effective dates of eight statements and five implementation guides.

State Departments of Transportation said $50 billion would provide states the ability to meet existing debt obligations.