News and Information from Bond Buyer

However another town is still struggling with issues that further threaten its already-strained viability while 14 local governments were designated as distressed under the viable utility reserve legislation.

The turnpike authority will now seek reapproval from the Oklahoma Council of Bond Oversight before it can head to the municipal bond market.

Most states continue to fare well, despite economic shocks and weakening revenue growth.

J.P. Morgan held a one-day retail order for $1.65 billion of revenue bonds from the Dormitory Authority of the State of New York, while Minnesota sold $1.02 billion of GOs in the competitive market in five deals.

"We believe that the most effective project delivery happens before your project even begins," said DOT Volpe Center Director Anne Aylward.

Sponsors say bill is a chance to have territories' needs addressed.

Major bondholder Preston Hollow and the trustee for $86 million of debt sold for Mercy Iowa City in 2011 and 2018 pointed to default events.

After July's hike, analysts are mixed on whether the Federal Open Market Committee is done raising rates.

Brandon Comer and his firm Comer Capital Group are in talks to settle the Securities and Exchange Commission charges against them ahead of a pretrial conference Nov. 17.

This week kicks off a flip of calendar to the final month of the summer reinvestment season and one of the larger new-issue calendars of the year.

The board and the PREPA bond parties told Swain they had reached "an agreement in principle to resolve the outstanding perfection issues" in the bankruptcy.

July's total volume was $25.939 billion in 542 issues, down from $28.258 billion in 619 issues a year earlier, the smallest percentage drop in monthly issuance year-over-year in 2023, according to Refinitiv data.

Ikhrata told the board Friday that he would be stepping down from the San Diego County regional planning agency in December.

The state-created agency has a plan to finally tap hitherto unused proceeds from a 2021 bond issue.

The three-day National Association of Securities Professionals event featured industry experts and focused on accelerating inclusive development.

For the coming week, investors will be greeted with a larger new-issue calendar led by large New York and Texas ISD issuers, along with gilt-edged Minnesota selling competitively.

The House and Senate remain at least $120 billion apart on fiscal 2024 spending levels.

Extreme temperatures affecting much of the United States add an additional challenge to hospitals still reeling from the pandemic.

During its quarterly board meeting, the MSRB approved its controversial one-minute trade reporting window and approved a $47 million budget for FY 2024.

While issuers continue to seek a clear successor to the eliminated option, tenders turned into a viable option to provide cost savings.