News and Information from Bond Buyer

Week Of February 10 Issuer St Description Amount

2/11/2014 2/5/2014 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 1 $5,995 0 $0 $5,995 Florida 4 236,235 4 287,905 -51,670 Georgia 6 146,730 6 211,445 -64,715 Kentucky 5 30,730 4 52,990 -22,260 Louisiana 4 29,450 8 569,365 -539,915 Mississippi 3 5,700 1 3,500 2,200 North Carolina 4 283,795 1 19,000 264,795 South Carolina 2 61,805 4 99,675 -37,870 Tennessee 2 11,575 1 7,000 4,575 Virginia 2 19,505 2 201,080 -181,575 West Virginia 0 0 0 0 0

CONNECTICUT

ARIZONA

Government

Jones Day's Chicago-based not-for-profit and healthcare group have left en masse to join Chicago-based Chapman and Cutler LLP in a move that marks a return home for eight of the nine lawyers that made the leap.

Moody's Investors Service put three major Puerto Rico banks on downgrade review Tuesday evening.

Voters in six New Mexico school districts approved nearly $200 million of bonds for construction and repairs.

The Council of Development Finance Agencies plans two, one-day roundtable conferences in the Southeast this year – its first in Florida and the second in Georgia.

Puerto Rico bonds continued to trade at yields consistent with weeks prior to a series of three rating downgrades, as low new issuance kept trading activity muted. Retail investor behavior continued to deviate from that of institutions.

Moody's Investor's Service downgraded bonds from the University of Puerto Rico two notches deeper into the speculative realm.

The House and Senate have passed a suspension of the debt limit through March 15, 2015.

Legislation providing for a federally-sponsored vote on Puerto Rico's admission as a state is now pending in both chambers of Congress.

New York City Mayor Bill de Blasio on Wednesday proposed a $74 billion budget for fiscal 2015 that he called "the first step in a complex and collaborative process."

Standard & Poor's stripped investment grade ratings from Lombard, Ill. for failing to honor its appropriation commitment on bonds for a hotel and conference center that hasn't generated revenue to repay $190 million in borrowing.

Walt Imhoff, one of the most influential investment bankers in Denver's history, died Feb. 11. He was 82.

A gradual economic recovery helped the credits of municipal bond issuers in 2013, Fitch Ratings said Wednesday, with the agency reporting that the past year witnessed fewer downgrades and more upgrades than 2012.

The third-largest school district in Texas finds strong demand for $115 million of soft-put bonds needed for new facilities.

Standard & Poor's Ratings Services said it raised its rating on Norman Regional Hospital Authority, Okla.'s series 2007 revenue and refunding bonds and series 2005 and 2002 revenue bonds, issued for Norman Regional Health System, one notch to BBB-minus from BB-plus.