News and Information from Bond Buyer

Tuesday, March 28 Issuer St Description Amount

Week Of March 27 Issuer St Description Amount

COLORADO

GEORGIA

A procedural ruling by the state Supreme Court means Illinois’ not-for-profit hospitals have dodged a bullet, at least temporarily, on the state’s charity care requirements.

Government

Rising pension liabilities landed New Jersey its second downgrade in less than four months Monday, with Moody’s Investors Service dropping the state’s general obligation bonds one notch to A3.

Time is running short for Illinois to move forward with a public-private partnership to install managed lanes on a state interstate, Gov. Bruce Rauner warned lawmakers Monday.

National Football League owners approved the Oakland Raiders’ public subsidy-laden move to Las Vegas.

Top-rated municipal bonds finished stronger on Monday, according to traders, as two big deals from the state of Connecticut and the city of San Jose were priced for retail investors.

Puerto Rico employment was up 1.2% in February compared to January.

Representatives for municipal advisors and dealers wrote to the MSRB saying it must reevaluate its proposed new advertising rule for municipal advisors and its attempts to harmonize its existing dealer advertising rule with Financial Industry Regulatory Authority requirements.

U.S. nuclear contractor Westinghouse reportedly could file for bankruptcy by Friday, Reuters said, casting new doubt on public power providers that issued municipal bonds for nuclear plants in Georgia and South Carolina.

Chicago expects the veto-proof passage in early April of an identical bill to the one vetoed Friday that saves its municipal and laborers' pension funds from insolvency, the city's finance chief told investors Monday.

R. Seelaus & Co. has hired a new syndicate and debt capital markets team to build its primary market business.

Bill raising Tennessee gas tax paves way for Nashville vote on sales tax for transit.

South Carolina-based Pope Flynn hired public finance tax attorney Marc Oberdorff to serve as senior counsel in the firm’s Columbia office, the firm announced.

States forecast sluggish personal income and sales tax growth going into fiscal 2018 budget negotiations.

The public finance team at the Houston law firm of Bracewell expects to increase its appeal to bond issuers after adding former SEC attorney Edward Fierro and rising in the ranks of bond counsel in 2016.

The Treasury Department Tuesday auctioned $26 billion of two-year notes with a 1 1/4% coupon at a 1.261% yield, a price of 99.978342.