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The proposed guidance does not indicate any particular problems with compliance, the MSRB said.
October 6
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The firm’s distribution capabilities across major and mid-size institutional accounts, professionally managed retail accounts, and high net worth individual accounts is a throwback to founder Archibald Bullock Roosevelt’s vision.
October 6
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The lion's share of the deal is taxable, with a $20 million tax-exempt new money series; proceeds from the taxables will refund outstanding debt.
October 6
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Municipal bonds are just contracts between issuers and investors, why not make them smart contracts?
October 6
Inclusive Property Capital -
- Other Legal Notices
BondsNOTICE IS HEREBY GIVEN to the holders of the Bonds of the New York City Municipal Water Finance Authority (the “Authority”) set forth in the Schedule below (the “Refunded Bonds”) that there has been deposited with U.S. BANK NATIONAL ASSOCIATION, as Trustee and Escrow Agent, moneys and/or Defeasance Obligations, as permitted by the Authority’s Water and Sewer System Second General Revenue Bond Resolution, adopted by the Authority on March 30, 1994, as amended and supplemented to the date hereof (the “Resolution”), which are sufficient and available to pay the principal amount thereof (the “Redemption Price”) and interest due on the Refunded Bonds on December 15, 2021 (the “Redemption Date”). The Refunded Bonds are deemed to be paid in accordance with Section 1201 of the Resolution. The Trustee has been irrevocably instructed to redeem the Refunded Bonds on the Redemption Date and at the Redemption Price, plus accrued interest thereon to the Redemption Date.
October 6 -
The board wants the deadline for retail bondholders to vote on the Plan of Adjustment to remain Oct. 18.
October 5
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The increase in yields and spread widening across municipal sectors has given some pause to high-yield investors after months of stagnation.
October 5
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A nonprofit that funds charter schools for low-income students is set to price a $233.5 million of revenue bonds Wednesday.
October 5
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A lawsuit accusing underwriter Stifel of negligence on one bond issue is pending and broader claims related to the financings are being considered.
October 5
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Smaller issuers like rural hospitals and charities are often blocked from issuing bank-qualified debt under current rules, which would change under a reconciliation bill provision.
October 5
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Sen. Elizabeth Warren, D-Mass., said questionable financial transactions by senior Federal Reserve officials — two of whom have resigned — cast doubt on Fed Chair Jerome Powell’s ability to steer the central bank as President Biden mulls whether to reappoint him.
October 5
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FINRA said the firm failed to detect and resolve short positions in municipal securities
October 5
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Challenges abound in meeting the needs of both investors and issuers in incorporating environmental, social and governance factors into the municipal market. Jasper Cox, Fixed Income Analyst at the PRI, Principles for Responsible Investment, gives insights into how the market can adapt. Lynne Funk hosts. (23 minutes)
October 5
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A law protecting the firearms industry from "discrimination" has made the top underwriters hesitant to do bond business in the state.
October 4
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Municipals took a breather Monday, largely ignoring stock market volatility and softer U.S. Treasuries, ahead of a solid $9 billion new-issue week.
October 4
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The finance team expects the mixed taxable and tax-exempt deal will attract ESG-minded investors.
October 4
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Per-pupil revenues and long-term debt spending are rising across the country
October 4
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Tax-exempt advance refundings emerge as the top priority for muni market participants as Congress debates reconciliation budget measure.
October 4
