News and Information from Bond Buyer

The Chicago suburb is planning a nearly $100 million issue to refund, restructure debt and pay down its unfunded public safety pension obligations.

The rating agency also confirmed the city’s Ba2 rating on $191 million of outstanding water and sewer revenue bonds.

The New York State Common Retirement Fund also said it invested $2 billion in an index focused on reducing the risks of climate change and capitalizing on opportunities in the transition to a low-carbon economy.

The pandemic, and now the spreading of the omicron variant, exposed nationwide disparities in Internet access with the transition to remote work and learning.

Tax risks continue to linger as they are preserved as a potential offset for whatever level of spending all 50 Democratic senators can agree to, but potential approval of the legislation remains a question mark.

Some firms are voluntarily self-reporting potential supervisory and suitability rule violations.

Experts explore the E, S and G and what it means for issuers and investors.

Wisconsin closed fiscal 2021 with a record $1.18 billion positive balance based on the GAAP yardstick that had long showed the state in the red.

Over the next 10 years, the Division of Bond Finance forecasts about $1.8 billion of net tax-supported debt will be issued, mostly for transportation projects.

Municipal market participants need to be vigilant in monitoring liquidity and the impact of growing inflation.

U.S. Treasuries saw losses pushing municipal to UST ratios on the 10- and 30-year lower again.

The board has long maintained that if the pension laws are allowed to stand, the Plan of Adjustment would not be implemented, scuttling the entire bankruptcy deal.

Malveaux will take the reins from Carol Polumbo in 2022 at the Southwest's top bond counsel firm.

An influx of federal funds contributed to the stable outlook.

The Illinois Municipal League will press lawmakers to support giving local governments more time to hit a 90% funded ratio and lowering the target to 80%.

The framework that will guide federal transportation strategy in the coming years does not currently include any financial goals or objectives.

Experts discuss the proliferation of chief diversity officers across the industry and what it may mean for future progress in diversity.

The Build Back Better in its current form essentially has been killed by Sen. Joe Manchin, likely limiting the potential for tax hikes in the coming year.

To qualify for bond credit enhancement, the state treasurer requires school districts certify compliance with a court ruling against public health mandates.

Sen. Schumer said the Senate would take up Build Back Better "very early in the new year."