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American Advanced Management signed a letter of intent for a lease-to-buy agreement for Hazel Hawkins Memorial Hospital in Hollister.
August 7
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Extending the tax, which expires at the end of 2025, would raise billions of dollars for transportation projects in the nation's fourth-largest county.
August 7
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Moody's Investors Service upgraded the Connecticut capital city's issuer rating to Baa3 from Ba2.
August 7
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Late summer is "rarely a good time for our asset class," Barclays strategists said, noting the municipal investment grade index lost money in August three years in a row, and 2023 seems to follow this trend.
August 4
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Judge Swain approves another deadline extension for a proposed plan of adjustment.
August 4
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"The limited scope of muni debt affected suggests a marginal impact on the muni market, if any," BofA strategists said.
August 4
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The 1998 Master Settlement Agreement from the Big Tobacco companies offers a template, but experts say the structure of the opioid settlement differs in key ways when it comes to state and local governments spending the money.
August 4
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Wells Fargo is the latest investment bank to undergo a Texas Attorney General review of its compliance with a 2021 law.
August 4
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The Tennessee Valley Authority has $19 billion of outstanding bonds and provides power to 10 million people.
August 4
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Though the city has vast financial strengths, it is struggling with the costs of housing migrants and declining commercial property values.
August 4
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Municipal bond mutual fund saw outflows return with Refinitiv Lipper reporting investors pulling $989.852 billion from funds for the week ending Wednesday, led by ETFs and long-end funds.
August 3
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The 50-year concession will rebuild the aging Calcasieu Bridge, and impose the first tolls on Interstate 10.
August 3
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The revenue bonds were issued through the California Municipal Finance Authority on behalf of LAX Integrated Express Solutions, the P3 project developer.
August 3
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Federal Reserve Bank of Richmond President Thomas Barkin said the greater-than-expected easing in inflation in June may be an indication that the U.S. economy can have a "soft landing," returning to price stability without a damaging recession.
August 3
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Jeffrey R. Schmid will assume Esther George's former role on August 21.
August 2
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While it's still relatively early to tell how much — if at all — the muni market will be impacted, Kara South, portfolio manager at GW&K Investment Management, said downgrades of certain municipal bonds are likely to follow.
August 2
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Proceeds, along with additional monies, will be used to fund the cost of the Royal Caribbean Cruises Ltd. (RCG) campus project as well as a debt service reserve fund.
August 2
