News and Information from Bond Buyer

Municipals are poised to end July in the black. Demand for muni product has been strong this summer, with analysts expecting supportive market technicals through August with a likely continuation of positive performance.

With the Fed committed to fighting inflation with aggressive rate hikes, fewer issuers want to take the risk with taxable advance refundings.

The SEC’s Public Finance Abuse Unit has brought four enforcement cases against municipal issuers this year, which signals a shift from the usual focus on underwriters and municipal advisors.

The Louisiana Bond Commission approved $600 million of notes to help pay Hurricane Ida damage claims after several insurers went bankrupt and up to $1.1 billion to build a biorefinery.

They want at least 14 days more for the debt restructuring mediation process.

A way to look at city regeneration, infrastructure and the virtuous cycles of funding these initiatives through long-term pension investments obligations.

Investors sit on the sidelines, waiting to see how much the Fed will hike rates. The consensus appears to be another 75 basis point rate hike, though a full point hike could be on the table.

The Democrats' reconciliation bill has been whittled down to a pair of health care provisions, including one that carries implications for nonprofit hospital credit quality.

Chicago laid out three options for updating Soldier Field whether or not the Bears stay, but had little to say on financing plans beyond offering naming rights, league financing and debt as options to be explored.

Only two firms remained in the same spot at this point last year: Orrick Herrington & Sutcliffe and Norton Rose Fulbright.

Economists expect the FOMC to raise interest rates 75 basis points on Wednesday, although a full point hike could be on the table.

Public finance attorney and NABL board member Johnny Hutchinson has left Squire Patton Boggs to join Nixon Peabody as a partner.

Scammers are masquerading as the IRS’ Tax Exempt and Government Entities Division to try and get issuers and borrowers to disclose confidential information.

Higher borrowing costs result in annual interest payments for average tribal issuers ranging from $79,000 to $310,000 greater than nontribal counterparts, according to a new paper.

With the Fed rate decision coming this week, issuers are sitting on the sidelines in both primary and secondary Monday with little changed yield curves.

Cleveland drew a Moody's upgrade as it was prepping an annual GO sale.

At the Colorado DOT, Shailen Bhatt oversaw the $1.2 billion I-70 expansion, a public-private partnership that was the state's largest highway project to date.

Revenues for the first 11 months of the fiscal year outpaced the Oversight Board's 12-month expectations.

State Rep. Mark Batinick said he’s generally not a fan of red light cameras, but if they are going to be used, the fines should go to a source “that needs it and removes any motivation to simply use the cameras as a way to further tax the public.”

As the impact from the COVID-19 pandemic wanes, Dallas, Fort Worth and Austin are moving ahead with expansions of their convention centers.