News and Information from Bond Buyer

Connecticut's baby bond trust received its initial funding without the need to borrow with the help of a debt reserve insurance policy.

Private company Texas Central has pivoted to public funding to support its stalled high-speed rail project.

A $40 billion White House supplemental funding request includes $12 billion for FEMA's disaster relief fund, but critics say it may be safer to consider the measure alone.

Plan of adjustment deadline schedule gets extended to Aug. 18.

New data indicates residents in high tax states are not moving to cut their tax liability.

"The main climate factors expected to influence the 2023 Atlantic hurricane activity are the ongoing El Nino and the warm phase of the Atlantic Multi-Decadal Oscillation, including record-warm Atlantic sea surface temperatures," said NOAA's Matthew Rosencrans.

Refinitiv Lipper reported $278.559 million of inflows into municipal bond mutual funds for the week ending Wednesday, led by exchange-traded funds.

Three utility entities associated with the development of nuclear energy in Georgia have received better rating outlooks from S&P Global Ratings.

The bonds are part of an $814 million infrastructure funding package that includes an extension of a 0.95% sales tax also approved by voters.

While acknowledging disputed allegations of mismanagement and infractions on the part of venue owner Legacy Cares, the judge denied a motion by the U.S. trustee in the Chapter 11 bankruptcy to appoint an independent trustee or dismiss the case.

"Weaker performance is in part driven by higher permanent labor costs," Moody's said. "These elements highlight rising human capital and financial strategy risks under Moody's ESG classification and are key drivers of this rating action."

California follows Midwest and Southeast states that formed hubs to go after federal infrastructure funding to develop 'clean' hydrogen fuel technology.

The annual survey shows a rising number of university leaders who are eying P3s for a range of services and infrastructure.

Costs associated with the influx of migrants could cost the city more than $12 billion over fiscal 2023, 2024 and 2025.

New York City's $1 billion deal was re-priced to lower yields and a tax-exempt and taxable deal for the NFL's Tennessee Titans new stadium priced.

Not-for-profit community hospitals are drawing scrutiny for questionable business practices.

The firm named Matt O'Connor to be head of its soon-to-be-opened Miami office and picked Annabella Espina to be its chief operating officer.

Mercy Hospital plans to sell facilities and other assets to the University of Iowa, which approved $20 million for the acquisition.

A bipartisan bill would amend the federal law on federal disaster assistance by adding extreme heat to the list of eligible events.

Fitch joined S&P Global Ratings in assigning a gilt-edged rating to the city, ahead of a planned general obligation deal later this month.