News and Information from Bond Buyer

Illinois would also use asset transfers, supplemental contributions and a buyout program in the governor's plan to deal with $133.7 billion of unfunded liabilities.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 4.06% from 4.09% the week before.

Fitch downgraded many of the district’s bonds to BBB-plus, but those it views as having pledged special revenues stay AAA.

New Jersey Transit agreed to make back payments to Amtrak in a settlement both sides say will pave the way for infrastructure improvements.

Florida, Newark, and Missouri Health priced bonds as the week's action wound down.

S&P Global Ratings said that the integration of Martin Health System into the Cleveland Clinic will allow greater operating efficiencies.

The board said that the Senate is withholding bank account information.

The defendant's claim that he's a victim of the Brogdon nursing home frauds shouldn't cloud the court's decision, the SEC said.

Critics of incentives used to lure Amazon to New York City prevailed as the company canceled plans for a project that would have impacted housing and transit.

California has issued $3.3 billion of general obligation bonds for the high-speed rail project out of $9.9 billion authorized by voters.

The municipal bond primary was winding down on Thursday as the last of the week’s deals were hitting the screens.

The National Association of Bond Lawyers's letter to lawmakers emphasized the infrastructure benefit of protecting the muni market.

Tracy Palandjian, CEO of Social Finance, and Herve Duteil, Chief Sustainability Officer at BNP Paribas, join Chip Barnett of The Bond Buyer to talk about the new and growing field of social impact bonds and what it is about them that appeals to both issuers and investors.

While public corporations are required to file an annual audit within 60 days after the close of the year, municipal bond borrowers often take close to triple that time or longer.

The federation issued its suggested budget roadmap Wednesday, ahead of Gov. J.B. Pritzker's first budget release.

An unexpected tax appeal settlement with Atlantic City's Hard Rock Hotel & Casino will steer financial resources away from the city's recovery efforts.

Gov. Gretchen Whitmer had a lot to say about what she wants to do but no details on how to pay for it.

Municipal CUSIP requests increased in January on a year-over-year basis as new deals swarmed into the market.

Governance and economics, rather than cutting benefits, are increasingly seen as key to solving pension funding woes.

The federal government ran a $13.5 billion deficit in December, the Treasury Department reported Wednesday.