News and Information from Bond Buyer

Otero County said the state Supreme Court's decision protects bonds that are paid off with revenue generated under an agreement with the federal agency.

Separately, the surface transportation bill could see a markup on April 29.

The two-week ceasefire with Iran comes to an end Wednesday, though President Donald Trump said Thursday at an event in Las Vegas the war should be ending soon.

The city council of Kansas City approved an ordinance laying the groundwork for a $1.9 billion stadium for the Kansas City Royals.

Austin and Dallas joined Houston in being warned that millions of dollars in state grants are at risk over federal immigration enforcement interaction policies.

Pricing deals on Monday, alerting investors weeks ahead of pricing, and crafting SMA-friendly structures are some of the ways dealers are promoting their deals in a flood of supply.

The Energy Bureau said rate adjustments that would help pay off debt should be considered after a PREPA plan of adjustment is approved.

Agreements with water districts in the county next door are part of changes to the business plan that include plans to pay off bond debt early.

The rating agency's previous review of the Texas city resulted in downgrades in December over increased credit risk due to water supply woes.

News of a 10-day ceasefire between Israel and Lebanon may have reassured investors, said James Pruskowski, managing director at Hennion & Walsh, but it didn't cause munis to richen.

Market Intelligence analyst Jeff Lipton argues that state bond bank debt remains one of the muni market's most conservative, well-secured allocations — and makes the case for expanding bond bank models to broaden infrastructure access for smaller and underserved local borrowers and for addressing growing funding needs brought about by shifting federal priorities.

Space Florida would own the assets and lease them to Project Jaguar, Space Florida's Ron Lau said.

The Virginia state legislature is weighing financial gains for local governments against billions of dollars in lost tax revenue and growing homeowner opposition to data centers.

Federal Reserve Gov. Stephen Miran Thursday said that the Iran war and tariffs will not have long-term impacts on inflation, but did say he is reconsidering his rate cut outlook for the year.

The rating agency cited the city's sharply diminished liquidity and reserves.

Photos from The Bond Buyer's Texas Public Finance conference.

Chicago will issue $875 million of second lien water revenue bonds in a deal with a possible tender component, Acting CFO Steven Mahr said.

RBC Capital Markets, Montague DeRose and Acacia Financial Group were new entrants into the top 10, bumping KNN Public Finance, Omnicap Group and Municipal Capital Markets Group.

The state sold $348.7 million in general obligation bonds Thursday in a competitive deal.

"Some of it is related to the headlines that we're seeing right now, particularly when we think about yields and what we've seen over the last couple of days," said Tim Iltz, fixed-income credit and market analyst at HJ Sims.