News and Information from Bond Buyer

Morgan Stanley is expected to price Wednesday the $350 million Houston independent school district variable rate limited tax schoolhouse bond deal, the largest of the sparse week, and investors believe it will be in high demand.

Detroit's attorneys launched opening statements on the first day of a historic trial on the city's bankruptcy exit plan, arguing that the city may not survive without the debt adjustment plan and defending a deal to raise money backed by the art collection.

Daily Economic indicators box Indicator Last Report Forecast Actual Construction Spending June: -0.9% July: +1.0% July: +1.8% ISM Manufacturing July: 57.1 Aug.: 56.9 Aug.: 59.0

Wednesday, September 3 Issuer St Description Amount

Wednesday, September 3 Issuer St Description Amount

Week Of September 2 Issuer St Description Amount

Week Of September 2 Issuer St Description Amount

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Government

Missouri Gov. Jay Nixon wants an economic injury disaster declaration for Ferguson to secure low-interest loans from the U.S. Small Business Administration to aid businesses hurt by the large protests that followed a fatal police shooting of an unarmed teen.

Opponents of California's $68 billion high-speed rail plan filed a petition to review a recent ruling that allows the $8.7 billion bond issuance for the project.

Mount Sinai and NYU Langone became the first hospitals to advertise on MetroCards, New York's Metropolitan Transportation Authority said.

Tuesday's Treasury sell-off will have a minimal impact on municipal bonds this week, investors said.

The trustee on $8.5 million of revenue bonds issued to finance a wastewater treatment facility to support a now bankrupt meat processing company in a Chicago suburb has struck a deal to sell the bond-financed assets at a steep discount to the company that's taken over the bankrupt firm.

The Internal Revenue Service is auditing bonds issued in 2011 for a charter school operator in Chicago that settled securities fraud charges with the Securities and Exchange Commission in June.

Standard & Poor's Ratings Services said it raised its underlying rating on Canajoharie Central School District, N.Y.'s outstanding general obligation debt to A-plus from A, based on the school issuer credit rating being higher than the state program rating.

West Virginia is seeking a private partner to build a 3.3-mile segment of the Coalfields Expressway in the state's first P3 project under a 2013 law.

Los Angeles County hopes to re-launch its Property Assessed Clean Energy residential program by early 2015.

State treasurers and financial officers are urging federal banking regulators to identify quantitative liquidity standards or characteristics that would allow at least some municipal securities to qualify as high-quality liquid assets in a rule to be released on Wednesday.