News and Information from Bond Buyer

Even deals that go bankrupt can be seen as successes in the U.S. P3 market, which may face an "inflection point" with the new infrastructure law.

Some critics say relying on federal aid may obscure the underlying problems Puerto Rico faces in the longer term as it emerges from bankruptcy.

Outflows continued, with Refinitiv Lipper reporting investors shed $1.503 billion from municipal bond mutual funds in the week, following outflows of $2.136 billion in the previous week. High-yield saw small inflows.

Illinois lawmakers are advancing a bill that allocates $2.7 billion of the state's ARPA relief to pay down a $4.5 billion federal unemployment insurance loan.

Gov. Phil Murphy proposes to make an additional $1.3 billion deposit into the state’s Debt Defeasance and Prevention Fund.

The Memphis-based investment bank launches a new office with two municipal professionals on board.

A large portion of Long Beach's downtown has been reshaped using public-private partnerships that delivered a new state courthouse and a city civic center.

Nuveen is asking a judge to toss Preston Hollow Capital's defamation claims as a summer trial looms.

Davey will oversee operations for the city’s subways, buses, paratransit services and the Staten Island Railway.

Any new debt deal already would require rate increases to cover debt service on the authority’s roughly $9 billion of debt.

More outflows from municipal bond mutual funds were reported as bid lists surpass $1 billion 22 times in 2022.

Bondholders will vote on a Chapter 9 bankruptcy exit plan that would pay full principal and interest on Atoka County Medical Center bonds.

For investors who want a customized portfolio and a greater ability to control taxable events, SMAs may be the product they're searching for.

The 20% rise is higher than the city’s forecast of a 15.7% gain and this may help the Big Apple see better-than-expected income tax revenue.

Mayo is publicly offering $516 million of tax-exempt bonds and privately placing $200 million of taxables.

New York State Comptroller Thomas DiNapoli and city Comptroller Brad Lander lauded the SEC’s proposal, saying environmental transparency is beneficial to the state and city pension plans.

The state under transportation secretary Shawn Wilson is gaining a national reputation for pursuing P3s for tolled bridge replacements.

The California Health Facilities Finance Authority will price the final authorization of $1.05 billion from the $2 billion program on Tuesday.

The Virgin Islands Public Finance Authority and Matching Fund Special Purpose Securitization Corporation plans to price $793.025 million of tax-exempt and $124.960 million of taxables.

The triple-A 10-year yield is above 2% on all scales, the highest since March 2020.