News and Information from Bond Buyer

Groups opposed to the Puerto Rico Oversight Board plan to try to prevent its first meeting on Friday in New York City.

Fort Wayne, Indiana based Parkview Health System’s improved operating performance earned it a one notch upgrade into the double-A category.

Hidalgo County Health Services Corp. debt issued for the Mission, Texas, Regional Medical Center moved closer to a default rating as S&P Global Ratings dropped $26.7 million of bonds to CCC from B-minus.

Infrastructure projects in the U.S. are plagued by long pre-construction periods, an under-utilization of the public-private partnership financing model, and an inability to both gain support and access capital, a panel of market participants said this week.

Top-quality municipal bonds finished mostly steady on Wednesday, according to traders, as a hefty amount of new supply hit the market.

Illinois plans to return to the market next month with a $1.3 billion general obligation refunding that would be followed by a $480 million new money GO issue.

Technology-driven transportation projects will be funded with $15 million of new federal Smart Cities grants.

California’s treasurer blocked Wells Fargo from bond underwriting and other business relationships, as shockwaves from a fake accounts scandal in the company’s retail bank rocked the fifth-largest municipal underwriter.

A second edition of Chapman and Cutler LLP’s “Municipalities in Distress” was released Wednesday four years after book’s debut.

The Nebraska Farm Bureau says a community college’s $369 million bond question on the November ballot would lead to a massive property tax increase on farmers, business, and homeowners in southeast Nebraska.

The board of New York's MTA approved its new rotation of bond underwriters while holding off on the application of Wells Fargo Securities.

Chicago Public Schools’ fiscal gains this year are fading to the background as a potential teachers strike looms large and a new downgrade puts the district on the cusp of the triple-C category.

Low interest rates will persist, Federal Reserve Bank of Chicago President Charles Evans said Wednesday.

The Treasury Department auctioned $28 billion of seven-year notes, with a 1 3/8% coupon and a 1.389% high yield, a price of 99.681269.

Investment firms and public pension managers called for North Carolina to repeal a law seen as discriminatory to gay, bisexual, and transgender people, saying that it does not bode well for the triple-A rated state.

The National Federation of Municipal Analysts is urging charter schools to provide detailed financial, academic, and staffing information in primary and secondary disclosure documents.

Top quality municipal bonds were mostly steady at mid-session, according to traders, as a hefty amount of new supply hit the market.

The Treasury Department Wednesday auctioned $13 billion of one-year 10-month floating rate notes with a high discount margin of 0.180%, at a 0.174% spread, a price of 99.988870.

California Treasurer John Chiang will make an announcement regarding Wells Fargo Bank at a press conference this afternoon.

Rhode Island Treasurer Seth Magaziner's new investment strategy will trim the state's exposure to hedge funds by more than half.