News and Information from Bond Buyer

Tuesday, June 2 Issuer St Description Amount

Jun. 2, 2015 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.29 1.59 2.49 3.48 Arkansas Aa1/AA/NR 0.24 1.49 2.33 3.3 Colorado Aa1/AA/NR 0.24 1.52 2.37 3.38 Kansas Aa1/AA+/NR 0.22 1.52 2.37 3.34 New Mexico Aaa/AA+/NR 0.22 1.47 2.28 3.27 Oklahoma Aa2/AA+/AA+ 0.26 1.55 2.39 3.38 Texas Aaa/AAA/AAA 0.26 1.51 2.33 3.32 Utah Aaa/AAA/AAA 0.22 1.41 2.19 3.16

Week Of June 1 Issuer St Description Amount

Week Of June 1 Issuer St Description Amount

6/1/2015 5/25/2015 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 5 $111,120 4 $77,270 $33,850 Arkansas 1 2,660 1 4,630 -1,970 Colorado 3 47,290 4 156,045 -108,755 Kansas 13 93,701 8 192,901 -99,200 New Mexico 0 0 2 52,875 -52,875 Oklahoma 27 59,985 22 26,340 33,645 Texas 46 1,346,118 45 1,040,462 305,656 Utah 1 7,100 0 0 7,100

Government

Three New Jersey lawmakers are proposing a constitutional amendment that would allow casino gambling outside of Atlantic City.

The Illinois General Assembly granted Chicago Mayor Rahm Emanuel’s request for partial relief from a $550 million public safety pension spike in the waning hours of its spring session. The bill moves to the governor.

A number of market participants want a sophisticated issuer exemption to the Securities and Exchange Commission’s municipal advisor registration rule, but a leading official in the SEC’s Office of Municipal Securities said Monday that the rule is too new for that.

A for-profit detention center in Willacy County that was evacuated after an inmate uprising is in default on its $78.5 million of bonds issued in 2011, according to trustee U.S. Bank National Association.

Former Puerto Rico Gov. Anibal Acevedo Vila said the U.S. needs to negotiate a “new economic relationship” with Puerto Rico to help it avoid default on its $72 billion of debt.

State Treasurer Seth Magaziner and retired Superior Court Judge Frank Williams urged Rhode Island lawmakers to approve the pension overhaul lawsuit compromise.

Brattle Group of Cambridge, Mass., will complete an independent analysis of the potential impacts to Boston of the 2024 Summer Olympic, Massachusetts Gov. Charlie Baker announced.

With the Kansas Legislature seeking agreement on proposed tax increases to cover a $400 million budget shortfall for the fiscal year beginning July 1, state budget director Shawn Sullivan said employee furloughs will begin June 7 if no agreement is reached.

Cook County President Toni Preckwinkle said she’s disappointed state lawmakers did not pass her pension reform bill, adding that the county’s underfunded retirement system is approaching “the point of no return.”

Prices of top-rated municipal bonds finished lower, according to traders, as yields on some maturities rose by as much as three basis points. Meanwhile, New York City’s $617 million of general obligation bonds were priced for a second day of orders for retail investors.

Chicago Public Schools’ chief financial officer Barbara Byrd-Bennett has resigned, a month and a half after it was disclosed that federal authorities were probing her role in a no-bid contract.

Moody's Investors Service said it upgrades Methodist Le Bonheur Healthcare's (MLH) bond rating to A1 and A1/VMIG 1 from A2 and A2/VMIG 1 on $564.8 million of outstanding debt issued by The Health, Educational and Housing Facility Board of the County of Shelby, Tenn.

Moody's Investors Service said it has upgraded the village of Glen Carbon, Ill.'s general obligation rating to Aa2 from Aa3.

Moody's Investors Service said it has upgraded the city of Spearfish, S.D.'s sales tax rating to A1 from A2.