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Thursday, January 22 Issuer St Description Amount

Week Of January 20 Issuer St Description Amount

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Chicago and its south suburban neighbor Harvey have struck a $20 million settlement that resolves a dispute over the suburb’s delinquent payments for city-supplied water.

More than $4.5 billion of new issues were priced on Wednesday, with issuers from Texas and Washington state leading the way. Yields on top-rated municipal bonds turned sharply higher, according to traders, with the longest-dated maturities rising by five basis points.

Nitsui Fudosan, Related Cos. and Oxford Properties plan to build an office tower building at Hudson Yards, adjacent to the MTA's No. 7 extension.

Three rating agencies affirmed Oregon' AA-plus-level long-term ratings ahead of plans to price a $152 million general obligation bond refunding.

Standard & Poor's raised the rating of New Britain, Conn.'s general obligation pension funding bonds three notches to A from BBB, the city's rating last year after a downgrade.

The Kansas Department of Transportation will delay $300 million of highway maintenance under Gov. Sam Brownback's plan to reduce a state budget deficit.

Years of underfunding pose a rising threat to state and local pensions in Texas, according to a report from Moody's Investors Service.

Chicago-based William Blair & Co. hired veteran underwriting manager John Feery to lead its negotiated underwriting group, finalizing leadership team changes as the firm pursues its national expansion path.

Treasury Secretary Jack Lew said Wednesday that congressional Republicans and the Obama administration are too far apart on individual tax reform but could reach an agreement on business tax reform.

Standard & Poor's Ratings Services said it lowered its rating to B-minus from B and removed the rating from CreditWatch on Michigan Finance Authority's series 2011 public school academy limited obligation revenue bonds issued for Voyageur Academy.

Jones Day, the law firm that oversaw Detroit's bankruptcy, said it cut its fee by $18 million, leaving a $58 million final tab that it defended as reasonable given the "cutting-edge" nature of the Chapter 9 case.

An unexpected drop in liquidity at the Government Development Bank for Puerto Rico raises the significance of a planned bond sale, Moody's Investors Service said.

The All Aboard Florida private passenger train project has received a $1.75 billion federal private activity bond allocation along with conditions that impose a tight timeframe to issue the debt..

President Obama called for bipartisan support for a multiyear transportation funding bill without providing specifics on pay for it.

California's long-term ratings from all rating agencies could hit double-A levels if current conditions continue, according to a Municipal Market Analytics report.