News and Information from Bond Buyer

9/26/2016 9/19/2016 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 6 $240,825 3 $34,295 $206,530 Arkansas 4 21,230 9 61,365 -40,135 Colorado 3 44,810 4 57,190 -12,380 Kansas 12 205,520 12 257,005 -51,485 New Mexico 0 0 4 190,815 -190,815 Oklahoma 13 191,380 3 186,290 5,090 Texas 30 1,814,955 27 1,649,260 165,695 Utah 3 26,965 1 7,055 19,910

Tuesday, September 27 Issuer St Description Amount

Tuesday, September 27 Issuer St Description Amount

Week Of September 26 Issuer St Description Amount

Week Of September 26 Issuer St Description Amount

MINNESOTA

Government

Atlantic City has reached an agreement to sell its old municipal airport property to its water utility in a deal that city officials hope will help it avoid a state takeover.

Top-quality municipal bonds ended steady to stronger on Monday, according to traders, as the market prepared to take on a new issue calendar of about $7.2 billion that will start to hit the screens on Tuesday.

After turning around its operating performance, the Kalamazoo, Mich.-based Bronson Healthcare Group received an upgrade of its credit outlook to stable as it prepares to refund $109 million of debt.

The U.S. Virgin Islands Senate has cut the size of a proposed bond by 42%.

The Municipal Securities Rulemaking Board has improved its EMMA system to make it easier for issuers to disclose bank loans and other alternative financings after state and local officials complained the process was too confusing and seemed to lose some of these disclosures.

New York MTA has put business with Wells Fargo Securities and approval as a senior manager for bond transactions on hold pending its review of the bank’s practices, following revelations that Wells Fargo bank employees secretly created accounts without clients’ approval

A bill introduced in the House would make municipal bonds issued by historically black colleges and universities tax-exempt at the federal, state and local levels.

The Chicago Teachers Union is moving closer to a strike that would mark a setback in the junk-rated Chicago Public Schools’ efforts to stabilize its finances.

As the Louisiana and the 22 parishes impacted by August’s severe flooding continue to complete damage estimates, rating agency analysts say the credit impacts will vary depending on their fiscal health.

Next month Alaska will pay out some $657 million as part of its annual dividend to its citizens, a drastically reduced amount that Gov. Bill Walker is hoping will hammer home the need for significant fiscal reform in the state.

Report from GAO finds states challenged by need to fund bridge projects from limited resources.

The Treasury Department Monday auctioned $26 billion of two-year notes with a 3/4% coupon at a 0.750% yield, a price of par.

Three of Texas’ largest cities have already paid a price for unfunded pension obligations in the form of rating downgrades. Now there are worries that pension obligations could squeeze their ability to issue debt for infrastructure.