News and Information from Bond Buyer

Amalgamated completed a $22 million refinancing with Capital Region Water, in the former Harrisburg Authority's first debt financing in more than three years.

Monday, April 14 Issuer St Description Amount

Monday, April 14 Issuer St Description Amount

Week Of April 14 Issuer St Description Amount

Week Of April 14 Issuer St Description Amount

NEW JERSEY

CALIFORNIA

Day Indicator Last Report Forecast Monday Retail Sales Feb.: +0.3% March: +0.8% Monday ex-Autos Feb.: +0.3% March: +0.5% Monday Business Inventories Jan.: +0.4% Feb.: +0.5% Tuesday CPI Feb.: +0.1% March: +0.1% Tuesday CPI Core Feb.: +0.1% March: +0.1% Tuesday Empire State Manufacturing March: 5.61 April: 8.00 Tuesday NAHB Housing Index March: 47 April: 50 Wednesday Housing Starts Feb.: 907,000 March: 975,000 Wednesday Building Permits Feb.: 1.018M March: 1,020,000 Wednesday Industrial Production Feb.: +0.6% March: +0.5% Wednesday Capacity Utilization Feb.: 78.8 March: 78.8 Thursday Initial Claims 4/5: 300,000 4/12: 311,000 Thursday Cont. Claims 3/29: 2.776M 4/5: 2.790M Thursday Philly Fed manufacturing March: 9.0 April: 10.0

Apr. 14, 2014 Northeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Connecticut Aa3/AA/AA 0.2 1.36 2.66 3.82 Delaware Aaa/AAA/AAA 0.13 1.19 2.35 3.5 Maine Aa2/AA/AA 0.16 1.32 2.57 3.72 Maryland Aaa/AAA/AAA 0.15 1.21 2.37 3.52 Massachusetts Aa1/AA+/AA+ 0.16 1.3 2.54 3.73 New Hampshire Aa1/AA/AA+ 0.15 1.25 2.44 3.62 New Jersey Aa3/AA+/AA+ 0.2 1.41 2.7 3.87 New York Aa2/AA/AA 0.15 1.26 2.44 3.68 Pennsylvania Aa2/AA/AA 0.18 1.33 2.62 3.78 Rhode Island Aa2/AA/AA 0.19 1.41 2.69 3.9 Vermont Aaa/AA+/AAA 0.15 1.26 2.43 3.57 Dist. of Columbia Aa2/A+/AA+ 0.17 1.34 2.6 3.76 Puerto Rico Baa3/BB+/BBB- 7.45 8.51 8.62 8.07

4/11/2014 4/4/2014 State # Iss Amount ($000s) # Iss Amount ($000s) Chg in Amt ($000s) Connecticut 0 $0 5 $237,910 -$237,910 Delaware 0 0 0 0 0 Maine 0 0 1 4,456 -4,456 Maryland 2 198,585 2 198,585 0 Massachusetts 2 214,472 3 132,962 81,510 New Hampshire 0 0 1 3,444 -3,444 New Jersey 8 411,675 3 35,541 376,134 New York 11 666,928 19 1,380,810 -713,882 Pennsylvania 11 131,560 15 172,655 -41,095 Rhode Island 0 0 1 4,000 -4,000 Vermont 0 0 0 0 0 District of Columbia 0 0 0 0 0 Puerto Rico 0 0 0 0 0

With volume expected to return to its recent paltry levels this week, the municipal market will look to a $321 million sale of North Carolina general obligation bonds for direction.

Kentucky Gov. Steve Beshear vetoed enabling legislation for statewide use of public-private partnerships late Friday saying it was wrong to enshrine in law a toll ban on a long-planned $3.5 billion bridge project.

Puerto Rico's Supreme Court has declared unconstitutional the teachers' pension reform passed by the Puerto Rico government in December.

Indiana Gov. Mike Pence said he would reopen talks about economic incentives with the Pakistan-based company that is building a controversial fertilizer plant in Posey County.

Government

Puerto Rico 8% coupon bonds issued last month in the island's historic $3.5 billion junk deal plunged to new low prices late Friday.

Robert W. Baird & Co. is planning to broaden its footprint in the Pacific Northwest with the recent announcement of its merger with Seattle-based investment firm McAdams Wright Ragen, Inc.

Approvals for a planned New Jersey shopping mall and entertainment complex have brought the sale of roughly $740 million in high-yield bonds closer.

Detroit's historic bankruptcy case gained momentum with court approval of a controversial interest-rate swaps settlement and a deal on its unlimited-tax general obligation bonds, but challenges still lay ahead, legal experts said.

Total private-activity bond issuance for the five years from 2007 through 2011 was $273.35 billion, with bonds for hospitals, colleges and other nonprofits that meet certain criteria making up more than half of that amount, a tax committee staffer told Rep. Sandy Levin, D-Mich.