News and Information from Bond Buyer

Wednesday, March 4 Issuer St Description Amount

Week Of March 2 Issuer St Description Amount

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Prices of top-rated municipal bonds on were lower at market close on Tuesday, according to traders.

Panelists at an American Enterprise Institute event expressed concerns with proposals from Rep. John Delaney, D-Md., to create a national infrastructure bank and fund infrastructure through repatriation of foreign earnings.

The National Federation of Municipal Analysts has released a paper on best practices in disclosure for bank loans, an opaque segment of the municipal debt market that is getting increased attention from regulators.

Pennsylvania Gov. Tom Wolf's proposed $30 billion budget calls for sweeping changes in state taxes and more spending on education while closing a $2.3 billion deficit.

S&P revised its long-term outlook on Central Falls, R.I.'s general obligation bonds to positive from stable while affirming its BB long-term rating.

Former Rhode Island House Speaker Gordon Fox pleads guilty to federal charges of bribery, wire fraud and failure to file tax returns.

A California lawmaker introduced a bill that would add language to school district bonds that would protect investors in the event of bankruptcy.

JPMorgan, ranked second among senior managers last year, is losing about six mid- and senior level public finance bankers through a mix of departures, retirements, and one cut, according to industry sources.

Funding boost in Obama's $478 billion transportation proposal needed so state agencies can build significant projects, Foxx says.

Hospital credits could be hurt if the Supreme Court strikes down federal health insurance subsidies established by the Affordable Care Act, Moody's Investors Service said Tuesday.

Unions have weighed in with their brief as the Illinois Supreme Court prepares to hear oral arguments March 11 in the state's appeal of a lower court ruling voiding the legislative package that cut benefits for four of the state's five pension funds.

Moody's Investors Service said it has downgraded to Baa2 from A1 the underlying rating on Walnut Township Local School District, Ohio's outstanding general obligation unlimited tax debt.

Prices of top-rated municipal bonds were slightly weaker at mid-session, with yields on some maturities one to three basis points higher, according to traders.

Political controversies in Washington, D.C. are clouding the future of infrastructure funding in the United States, experts said at the National Municipal Bond Summit.

Standard & Poor's Ratings Services said it raised its rating on Gulf Shores, Ala.'s general obligation debt to AA-plus from AA.