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Investors will be greeted Monday with an increase in supply with the new-issue calendar estimated at $6.488 billion, led by $1 billion-plus of GOs from Maryland in the competitive market.
June 3
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Mayor Eric Garcetti emphasized the city’s robust reserves and plans to issue housing bonds to aid efforts to alleviate homelessness.
June 3
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Some observers of Puerto Rico politics are concerned its government continues to avoid fiscal responsibility, ignoring past mistakes that led to the bankruptcy.
June 3
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Local police funds challenging the suburban and downstate police and firefighter pension fund consolidation appealed a court decision that upheld it.
June 3
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The seasonal factors of a supply and demand mismatch, reinvestment needs and strong credit fundamentals, have opened a window of opportunity.
June 3
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The finance director of Aurora, Colorado, takes over as the association's president amid an uncertain post-pandemic landscape.
June 3
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Bryant spent much time working to empower finance departments trying to pull their respective states, cities and localities out of the pitfalls caused by the COVID-19 pandemic.
June 3
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The Municipal Securities Rulemaking Board has filed a proposal to change its fee structure to account for prior year market results in a move that will help the board cover budget shortfalls.
June 2
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High-yield raked in the majority of the flows helped by Nuveen reopening two of its high-yield funds to new investors. Participants remain cautious as macroeconomic effects still hang over the market.
June 2
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The state's two-year capital budget includes incentives for Intel's $20 billion chip production plants and spending on local and state construction projects.
June 2
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After next fiscal year, the governor expects both revenues and spending to increase.
June 2
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Turner & Townsend aims to double its North American growth by 2025 as the Infrastructure Investment and Jobs Act is rolled out.
June 2
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The SEC charged the town, former mayor Vern Breland, municipal adviser Twin Spires Financial and its owner Aaron Fletcher with misleading investors in connection with bond offerings in 2017 and 2018.
June 2
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Rating agencies like Gov. Gavin Newsom's focus on one-time spending, but warn that the Legislature could upset the applecart by creating ongoing programs.
June 2
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While the path back to pre-pandemic office life remains uncertain, a protracted remote work reality may be a harbinger for future credit rating downgrades of cities heavily dependent on commuter-driven revenues.
June 2
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Federal Reserve Bank of Cleveland President Loretta Mester said she favors raising interest rates this month and next but cautioned that pace could speed up or slow down from September.
June 2
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- Other Legal Notices
NOTICE IS HEREBY GIVEN, pursuant to Sections 6.3 and 4.3 of the General Bond Resolution adopted by the Board of Directors of the Issuer on August 14, 1980, as amended and restated on December 6, 1984, and as amended by a Supplemental Resolution adopted on September 6, 1996 and by a Supplemental Resolution adopted on February 7, 2017, as further supplemented by all of the supplemental resolutions issued under the General Bond Resolution from time to time (the “Bond Resolution”), Computershare Trust Company, N.A. has resigned as trustee, paying agent and registrar under the Bond Resolution.
June 2 -
The mammoth Sacramento-based health system experienced ratings downgrades in 2021 under the threat of multiple lawsuits, seismic costs and COVID-19 challenges.
June 1
