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The New York City Transitional Finance Authority intends to sell about $1.03 billion of future tax secured subordinate bonds this month.
April 7 - South Carolina
South Carolina-based Pope Zeigler has changed its name to Pope Flynn LLC following the departure of Belton Zeigler, a founder of the firm.
April 7
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Prices of top-rated municipal bonds were weaker at mid-session, according to traders, with yields on longer dated maturities as much as two basis points higher.
April 7
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The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.015% high yield, a price of 99.998833.
April 7 -
The Internal Revenue Service has granted a school district that experienced "financial distress" a roughly 16-month extension to spend the proceeds of its qualified school construction bonds.
April 7
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As cash-strapped governments like Illinois and Chicago eye non-traditional revenues like gambling and marijuana, economists and government officials warned that so-called sin taxes are no panacea for budget shortfalls.
April 7
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Moody's Investors Service said it has assigned Aa1 to San Dieguito Union High School District, Calif.'s $2.3 million 2015 general obligation bonds (election of 2012), Series B-1 (taxable) and $114.7 million 2015 general obligation bonds (election of 2012), Series B-2 (tax-exempt), and upgraded to Aa1 from Aa2 the ratings on $149.8 million of existing, parity GO bonds.
April 7 -
Moody's Investors Service said it has assigned an Aa3 rating to the Oakland-Alameda County Coliseum Authority, Calif.'s lease revenue bonds (Oakland Coliseum Arena project) 2015 refunding Series A (federally taxable) totaling approximately $79.7 million, and upgraded to Aa3 from A1 the rating to the authority's 2012 refunding Series A lease revenue bonds totaling approximately $106.5 million.
April 7 -
A review of our proprietary DIVER Geo Scores highlights the strongest and weakest States. And we provide an update to drought conditions in California and identify some states that face export challenges.
April 7
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The municipal bond market is ready to absorb the first of the week's new issues, starting with deals from Tennessee and New York.
April 7 -
The Federal Open Market Committee should not raise interest rates until the last half of 2016, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said Tuesday.
April 7
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Standard & Poor's Ratings Services said it raised its long-term rating and underlying rating (SPUR) to AA from AA-minus on Kent, Wash.'s general obligation bonds and on Kent Special Events Center Public Facilities District (PFD)'s series 2008 taxable special events center revenue bonds and special events center sales tax bonds, to which the city has provided credit enhancement under a contingent loan and support agreement.
April 7 -
Standard & Poor's Ratings Services said it raised its long-term rating and underlying rating to AA-minus from A-plus, and its dual ratings to AA-minus/A-1-plus from A-plus/A-1, where applicable, on North Central Texas Health Facility Development Corp., Texas' bonds issued for BaylorScott & White Health (BSWH).
April 7 - Ohio
Fitch Ratings boosted its outlook to positive from stable on Cleveland, Ohio, saying the outlook reflects improved financial operations and an increase in reserves.
April 7 -
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