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Mismanagement at the Philadelphia Parking Authority cost the city’s school district nearly $78 million over the past five years, according to the state auditor.
December 11 -
The deal includes $524 million to refund outstanding debt.
December 11 -
An Ascension and Providence St. Joseph merger would surpass for-profit HCA Healthcare.
December 11 -
Top-rated municipal bonds weakened as much as 8 basis points on Monday as the first of the week’s big offerings hit the screens, led by Connecticut’s competitive sales and the University of California’s negotiated deal.
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Transportation officials want tax reform to include funding for the Highway Trust Fund and infrastructure as part of the larger package.
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Chief Executive Officer Forrest Claypool will step down at the after being accused of lying and engaging in a cover-up of an ethics probe of a top aide.
December 11 -
The structure the airport used combines the advantages of a bond issue with those of a private bank loan, an official said.
December 11 -
The SEC has approved a change to increase the level of information the MSRB collects about certain muni fund securities.
December 11 -
The Treasury Department auctioned $44 billion of 13-week bills at a high yield of 1.320% on Monday.
December 11 -
The Treasury Department auctioned $20 billion of re-opened 10-year notes with a 2 1/4% coupon at a 2.384% high yield, a price of 99.820844.
December 11 -
With another $20-plus billion on the docket, it's expected to be another frenzy-filled week in the municipal primary market. Issuers continue to sprint to market ahead of the looming tax bill that will alter the market’s landscape. Investor demand won’t be short either, as both traditional and crossover buyers will be fighting for allocations.
December 11 -
The municipal bond market saw the first of the week’s big offerings hit the screens on Monday, led by Connecticut’s competitive sales and the University of California’s negotiated deal.
December 11 -
The Treasury Department Tuesday auctioned $24 billion of three-year notes with a 1 7/8% coupon at a 1.932% high yield, a price of 99. 834636.
December 11 -
The Treasury Department auctioned $39 billion of 26-week bills at a high yield of 1.460% on Monday.
December 11 -
BondWave LLC, a financial technology firm focused on fixed income solutions, is bring on Pete Newman as vice president of sales.
December 11 -
The Treasury Department said Monday it will sell $45 billion of four-week discount bills on Tuesday.
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Alternative strategies include general obligation borrowing to offset limited bonding capacity in the special transportation fund.
December 11 -
First on the list is an infrastructure plan we can embrace fully – with clearly identified and unencumbered revenue streams from the Federal level.
December 11John Hallacy Consulting LLC -
U.S. job openings unexpectedly cooled in October from a record a month earlier, consistent with a steady job market, Labor Department data showed Monday.
December 11 -
The municipal bond market will see a second week of hefty supply, with almost $22 billion of new deals lining up for sale.
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