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The local government is seeking to replace LUMA Energy as the island's transmission and distribution company.
May 11
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"I don't mind owning a railroad for $2.4 billion," said Assured CEO Dominic Frederico.
May 11
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Northwest Nazarene University, an Idaho private Christian college, had its ratings outlook revised to positive.
May 11
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Munis should do "relatively well" this month, as investors will "focus on heavy summer redemptions; tax-exempt supply should remain healthy but is unlikely to overwhelm," said Barclays strategists.
May 11
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Market Intelligence analyst Jeff Lipton distinguishes impairment from default in unenhanced conduit multifamily credits and explains how occupancy declines, covenant breaches and reserve draws can trigger severe price discovery long before a payment miss occurs.
May 11
The Bond Buyer -
The Manhattan-based Ivy League university reached a settlement with the federal government last year. It is selling $487 million of bonds this month.
May 11
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"The rates market has started to turn from the upper end of the trading range this week," Barclays strategists wrote, but with the war with Iran still driving the market, nothing is certain.
May 8
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Public finance professionals need to contemplate uncertainty as they work with municipal issuers to help them plan and meet their needs.
May 8
SOLVE -
Changes in federal funding are sharpening the focus on how the states will be responding to disaster relief, running social programs and budget planning.
May 8
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The defendants include many of the largest municipal bond underwriters.
May 8
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The deal comes as high-yield muni investors are hungry for paper.
May 8
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Nearly 21% of muni volume traded electronically in the first quarter, up from the previous quarter and surpassing the previous record set in the fourth quarter of 2023, according to a Coalition Greenwich report by Kevin McPartland and Neha Jain.
May 8
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Hennepin County Medical Center operates one of the state's busiest emergency departments, and most patients are uninsured or on public insurance like Medicaid.
May 8
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New research from The Bond Buyer finds the federal policy environment once again threatens the tax-exempt status for municipal bonds.
May 8
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Mayor Karen Bass introduced a multi-year comprehensive plan, saying it is a first for a city that for too long had a fragmented approach to infrastructure.
May 8
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Munis and U.S. Treasuries have been more reactive to geopolitical news than to economic data that traditionally moves the market, according to MMA's Kevin McGuigan.
May 7
