News and Information from Bond Buyer

The Federal Highway Administration mandates would "commandeer" state department of transportation authority, opponents say.

MSU must find a new president after friction between board members and the president hired in the wake of the Larry Nassar scandals led to his resignation.

The former municipal advisor Porter Bingham has been sentenced to four months imprisonment and two years term of supervised release following his fraudulent billing to the city of Rolling Fork, Mississippi in connection with a 2015 bond offering.

Municipal bond industry veteran Guy Logan will join the firm's Atlanta office as a managing director and lead the newly created investment banking group.

Volume rebounds eightfold this week with a new-issue calendar of $8.5 billion, including several billion-dollar deals.

The status allows the firm to assign the label to bonds based on a review of a project's adherence to the Climate Bonds Standard and Certification Scheme.

Texas university lands in the Permian Basin, which face a potential EPA crackdown, generated $2.124 billion for the Permanent University Fund in fiscal 2022.

California Gov. Gavin Newsom scheduled a special session for Dec. 5 to discuss implementing the tax on oil company profits amid high gas prices.

Luisella "Sella" Perri has wide experience in the public finance arena, with a focus on federal tax laws and regulations related to tax-exempt financings.

The municipal dealer community supports market transparency. The proposal before Congress, however, is poorly conceived, has few if any market supporters, and has the potential to be very expensive.

The two hires boost Bancroft's muni staff to 11 in offices in Dallas, Fort Washington, Pennsylvania, and San Mateo, California.

FAFAA and Gov. Pedro Pierluisi retain some influence over the direction of an adversary proceeding in the PREPA bankruptcy and on the ultimate PREPA bond deal.

"Despite a pick-up in volatility in the rates market, municipals have been performing relatively well in October," according to Barclays PLC.

A Rhode Island GO deal pricing next week includes $100 million for public schools; a measure on the ballot in November would authorize $250 million more.

The nation's largest not-for-profit health system returns to the market with a mix of new money and refunding debt offering tax-exempts and taxables.

Moody's says Hawaii's tourism-based economy is disproportionately vulnerable to high inflation. It affirmed the state at Aa2 ahead of a $800 million GO deal.

The Kansas Corporation Commission approved a $92.7 million securitization for Atmos Energy. It had already approved $328 million for Kansas Gas Service.

States and locals need to move fast to capitalize on the value of upfront funding provided in the infrastructure law, Biden administration officials said.

We believe our industry should coalesce around objective measures of ESG "risk" and leave the"impact" considerations to the investors and their proxies. Buy-side participants should welcome this as they structure impact strategies to match their clients' needs.

The plan reduces HTA's $6.4 billion of total claims by more than 80% and saves Puerto Rico more than $3 billion in debt service payments, the Oversight Board said.