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Bond parties want several creditor classes' votes in favor of the plan of adjustment to be disqualified.
March 13
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Rural hospitals and clinics are closing in Wisconsin while Democratic Gov. Tony Evers battles the state's Republican legislature over Medicaid expansion.
March 13
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The relative health of state treasuries was an area of interest at the National Association of State Treasurers legislative conference.
March 13
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The top five bond financings have an average dollar volume of more than $957 million.
March 13
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"The muni AAA [high grade] curve has been relatively steady thus far in March, but lags relative to the broader fixed income market after sizable muni outperformance in February," said J.P. Morgan strategists.
March 12
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California's Inglewood Transit Connector Project, Chicago's Red Line extension, New York-New Jersey's Hudson Tunnel and the Second Avenue subway would all win funds under the spending proposal.
March 12
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The new SEC climate rule does not apply directly to municipal issuers but they may very well be on the hook for violating SEC antifraud provisions if they don't disclose those risks defined in the new rules.
March 12
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The bill allows local governments to bypass public bidding and notice requirements in current P3 law.
March 12
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Taxable munis have returned 1.48% month to date and 0.29% year-to-date while investment-grade munis have seen 0.44% returns so far in March and 0.05% year-to-date. USTs are in the black at 1.43% so far this month but returning -1.76% year-to-date while corporate bonds are returning 1.24% in March but -0.46% year-to-date.
March 12
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Bond trustee UMB Bank notified bondholders that Branson Airport's leaders want to pursue federal grant funding for maintenance and infrastructure upgrades, but it will require bondholder approval.
March 12
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Gov. Michelle Lujan Grisham said her public-private sector plan to build a strategic water supply will remain a top priority after a bill for financing failed to advance in the legislature.
March 12
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The National Football League's Chicago Bears are pursuing plans to build a publicly owned domed stadium in Chicago, boosted by $2 billion of private funds.
March 11
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Issuers have increased their debt sale in recent weeks, as issuance has come in above $70 billion year-to-date, according to LSEG data
March 11
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Raymond James' 10 hires include six senior bankers and an entire Citi public finance team focused on California.
March 11
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States and local governments can use the funds to hire advisors to consider alternative delivery models for transportation projects.
March 11
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Market participants said it is yet to be seen whether issuers will pull back their BABs refundings due to concerns after several bondholders sent a letter to the trustee on a Regents of the University of California deal, saying it was "prohibited" from executing the redemption.
March 11
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Pittsburgh-based Robert Morris University was downgraded by Moody's Ratings. The private university is part of a growing list of smaller higher education institutions, particularly in the Northeast, that are facing increasing financial pressures as the pool of potential students shrinks.
March 11
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