News and Information from Bond Buyer

Monday, December 15 Issuer St Description Amount

Monday, December 15 Issuer St Description Amount

Friday, December 12 Issuer St Description Amount

ALABAMA

ILLINOIS

Atlantic City's Ba1 general obligation bond rating has been placed under review for a possible downgrade by Moody's Investors Services in the wake of postponing a planned bond sale.

Puerto Rico Governor Alejandro García Padilla announced that he will sign a bill to increase oil taxes to support the commonwealth's Government Development Bank for Puerto Rico and the Highway and Transportation Authority.

A privately operated immigration detention center in La Salle, County, Texas, will receive no revenues while closed for repairs, according to a disclosure notice to bondholders.

Seven St. Louis County local governments, including Ferguson, face litigation challenging the legality of their municipal court fees.

For the week ended Dec. 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dropped three basis points to 4.32% from 4.35%.

Pennsylvania's Commonwealth Financing Authority and state budget office have canceled a $197 million sale of CFA revenue bonds scheduled for Dec. 19, saying the CAFR for fiscal 2014 is not yet available.

Squeezed for funds to finance transportation projects, Missouri is eyeing tolls to improve and expand Interstate 70.

The municipal bond market saw the last of this week's big new issues come to market on Thursday as muni bond prices remained unchanged. The total size of the municipal bond market declined in the third quarter of the year, according to the Federal Reserve, dropping to its lowest level in more than five years.

The Federal Energy Regulatory Commission approved Duke Energy's $1.2 billion purchase of the North Carolina Eastern Municipal Power Agency's generating assets.

Offering document misstatements related to continuing disclosure violations has been widespread and upcoming enforcement actions will provide guidance on the Securities and Exchange Commission's views, the SEC's muni enforcement chief told issuers Thursday.

Jerry Nickelsburg, senior economist for the UCLA Anderson Forecast, said California's infrastructure is in dire need of reinvention for the 21st Century.

Standard & Poor's Ratings Services said it raised its long-term rating on New Hampshire Health & Education Facilities Authority's series 2012 and 2006 revenue bonds, issued for Catholic Medical Center (CMC) to A-minus from BBB-plus.

Detroit issued $1.28 billion of new debt that its bond team says required novel financing structures to satisfy both Michigan municipal law and the strict confines of Chapter 9 creditor settlements.

Standard & Poor's Ratings Services said it raised its rating on the Irvine Unified School District Financing Authority, Calif.'s series 2005A community facilities district (CFD) refunding bonds to BBB-plus from BBB.

Georgia Gov. Nathan Deal created a special agency and brought in anew attorney for the state's defense in the lawsuit over water rights filed by Florida.