News and Information from Bond Buyer

Kosmont firm has rebranded and brought on two L.A.-area heavy hitters in public finance.

The Texas Permanent School Fund's bond guarantee program, capped at $117.32 billion under federal law, reported projected available capacity was only about $3.9 billion as of June 30.

The duration of outages has continued to increase, causing backlash for elected officials.

The rating agency highlighted the state government's recent payments to its underfunded state pension system.

Investors will be greeted Monday with a decrease in supply with the new-issue calendar estimated at $6.711 billion, down from total sales of $10.318 billion.

Kansas Gas Service is the third division of Tulsa-based ONE Gas, Inc., to participate in a state-sanctioned securitization related to Winter Storm Uri.

A Reason Foundation study found K-12 debt steadily rising since 2014.

Public agencies are often "clients of last resort" for contractors, especially when construction costs are high.

With online sports wagering off to a fast start in New York State, lobbyists for online casino games want to be next.

The New Jersey mall and entertainment venue continues to struggle with its debt service requirements.

While a smaller population could be economically negative, the revised count lowers the median age, which would be positive.

Investors pulled $229.263 million out of muni bond mutual funds in the latest week, versus the $635.177 million of outflows the prior week, according to Refinitiv Lipper. High-yield continues to see inflows.

Hazelwood's mayor posted a letter on the city website warning of potential bankruptcy if the city can't renegotiate its deal with a fire protection district.

The judge said she'd consider requesting changes to the proposed plan of adjustment.

New-money volume was off in the Golden State and across the Far West, but refunding volume was down even more.

The Internal Revenue Service has reinstated Ham Lake, Minnesota based charter school operator Parnassus Building Company's tax-exempt status after it was revoked in May 2022.

The short end was hammered in the secondary with large blocks of high-grades showing big swings to higher yields while the rest of the curve wasn't spared the damage and triple-A yields rose by seven to 16 basis points.

A county judge ruled that a lawsuit alleging Open Meeting Act violations on the part of the Oklahoma Turnpike Authority will remain in his court unless the state supreme court chooses to exercise original jurisdiction.

The 15% corporate minimum tax may hurt the muni market the most during outflow cycles by cramping demand and leading to higher borrowing costs for states and cities.

Municipal bond issuers in the Southeast sold $40.7 billion of bonds in the first half of this year, a 6.3% year-over-year increase.