News and Information from Bond Buyer

The IRS extension allowing TEFRA hearings to be completed over the phone through March 31, 2022, might well be extended even more, tax lawyers say.

Developers are using unrated bonds to finance a golf course-centered resort in fast-growing southern Utah.

A $430 million collaborative transaction featured the university, two asset management firms, and the New Jersey Educational Facilities Authority.

Congress approved a one-month extension of surface transportation programs, buying more time to continue negotiations over infrastructure and budget bills.

Ratios have moved into a higher, more favorable range, especially in the belly of the curve. The municipal calendar is building, led by taxables and refundings, after they dropped significantly in September.

Even with a balanced fiscal 2022 budget in place, Michigan still has billions in federal aid and additional state funds to spend at a later date.

A huge investment in technology dominates the MSRB's budget.

The current bill is inconsistent with what the Oversight Board has said it is willing to accept.

The Allegheny County Airport Authority sold $832.7 million of bonds to cover two-thirds of the construction costs in the latest example of the region's modernization.

Keith A. Wakefield's alleged unauthorized and speculative trading at the former IFS Securities Inc. and his attempts to cover it up drew charges Thursday from the SEC and U.S. Attorney's office.

The lower inflows and high-yield outflows can be tied to the correction over the past week and may point to uncertainty from retail investors over broader market volatility.

Despite the recent two-week extension Peter Hein says the timeline is too tight and another week is needed.

September issuance was down more than 32% from the same month in 2020; total issuance so far this year is at $346.48 billion, down 2.4% compared to last year.

Two hearings before the House Committee on Financial Services in the past week have been rife with criticism of Fed and Treasury responses to the pandemic.

Ferguson regained its investment grade issuer rating by rebuilding its balance sheet while meeting federal consent decree mandates to overhaul police and court tactics.

With incumbent Eric Garcetti awaiting confirmation to an ambassadorship, would-be successors are lining up for a two-round election in June and November 2022.

An agreement on the $10,000 limit on the federal deduction for state and local taxes is a priority for local governments.

The state-supported issuance marks the initial debt offering to backstop a $523 milion initiative.

Puerto Rico Gov. Pedro Pierluisi said the power agency's new leaders must end the outages plaguing the island.

With a lot of cash still needing to be put to work, the Investment Company Institute showed another large week of inflows at $1.814 billion.