News and Information from Bond Buyer

Week Of November 16 Issuer St Description Amount

COLORADO

COLORADO

The fate of Chicago’s overhaul of two of its four pension funds now rests with the seven justices of the Illinois Supreme Court.

Government

Los Angeles Airport expects to be the busiest U.S. airport during Thanksgiving holiday for third year in a row.

Newly minted gilt-edged Union County, N.C., plans to make rare appearances in the bond market this week and in December offering investors high-grade paper options.

The 32-year-old national fixed-income shop First Empire Securities has begun underwriting new-issue municipal bonds it could offer to its institutional clients and opened a Chicago office.

Municipal bonds ended stronger on Tuesday, traders said, as a bevy of new deals totaling well over $4 billion hit the market.

The Senate will consider a House-approved transportation appropriations bill that keeps fiscal 2016 highway funding at fiscal 2015 levels.

A U.S. Court of Appeals bankruptcy panel will hear arguments Thursday from Stockton, Calif. and creditor holdout Franklin Templeton Investments, which is appealing confirmation of the city's plan of adjustment.

Puerto Rico's congressional representative Pedro Pierluisi strongly opposed the idea of the federal government imposing a federal fiscal control board on Puerto Rico, warning it would be "a blatant exercise of colonialism."

The Illinois State Toll Highway Authority is highlighting to investors its double-A ratings and fiscal strength as it prices a $400 million deal against a backdrop of two recent downgrades to Illinois state general obligation bonds.

The Philadelphia Council has advanced plans for a new privately financed $450 million resort casino in the city’s stadium district estimated to generate $100 million in new tax revenue over the next five years.

Atlantic City needs approval of three bills New Jersey Gov. Chris Christie conditionally vetoed to avoid becoming "insolvent" without additional support, according to Moody's Investors Service.

President Obama has nominated Hester Maria Peirce to become a Securities and Exchange Commission member for a five-year term ending on June 5, 2021, in addition to serving the remainder of former Commissioner Daniel Gallagher’s term through June 6 of next year.

Municipal bonds were steady to slightly stronger at mid-session, traders said, as a bevy of new deals hit the market.

California’s treasurer has launched an open data website that he says will make it easier to analyze $1.5 trillion in debt issued in the state since 1984.

The Treasury Department Tuesday auctioned $55 billion of four-week bills at a 0.075% high yield, a price of 99.994167.

The Fed Oversight Reform and Modernization Act would "severely impair" the central bank's ability to meet it Congressional mandates and "severely damage" the economy, should it be enacted, Federal Reserve Board Chair Janet Yellen wrote in a letter to Congress.