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The underwriters filed a defense to the court earlier this month and analysts are skeptical of MBIA’s chances of prevailing.
April 12
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Using a surplus to build reserve levels was key for the outlook change, the rating agency said.
April 12
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With the Federal Reserve planning aggressive rate hikes and balance sheet reduction, Dec Mullarkey, managing director of investment strategy and asset allocation at SLC Management, discusses the Federal Open Market Committee meeting minutes, his analysis of the economy and what to expect going forward. Gary Siegel hosts. (33 minutes)
April 12
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"If you clean it, they will come," says an EPA official as new federal environmental funding helps cities revamp old industrial areas into new neighborhoods.
April 12
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NOTICE IS HEREBY GIVEN that, pursuant to the applicable provisions of the governing documents of the above captioned bonds (the “Bonds”), $890,000 principal amount of the Bonds will be redeemed on May 15, 2022, at a Redemption Price of 100.00%, together with interest accrued to May 15, 2022, interest on the Bonds shall cease to accrue.
April 12 - Other Legal Notices
NOTICE IS HEREBY GIVEN to the holders of the above-referenced bonds that the City of Bennettsville, South Carolina, on April 7, 2022, issued its $7,421,000 Combined Utility System Refunding Revenue Bond, Taxable Series 2022A (the “Series 2022A Bond”). A portion of the proceeds of the Series 2022A Bond will be used for the purpose of effecting the advanced refunding of the 2013 Bonds which mature on February 1 in the years 2023 to and including 2034 which will be called for redemption on February 1, 2024.
April 12 -
Triple-A yields continue to rise, with the two-year muni just below 2%, the five well above and the 10-year approaching 2.5%.
April 11
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The measure would cut the number of balanced budgets needed for the island to achieve fiscal independence.
April 11
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After dropping dramatically with the onset of the COVID-19 pandemic in 2020, energy severance tax revenue is soaring along with oil and gas prices.
April 11
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Independent municipal advisory firm Sycamore Advisors LLC adds veteran banker and issuer Phil Wasserman as part of its expansion.
April 11
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Legislative backers of the fiscal 2023 budget approved over the weekend with Gov. J.B. Pritzker's blessing believe it will draw more positive rating actions.
April 11
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Supply for the holiday-shortened week is $4.8 billion. Municipals performed the worst since 1980 in the first quarter of 2022, but some analysts see the pain subsiding.
April 8
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A blackout that affected almost all of Puerto Rico Wednesday still had more than half of Puerto Rico Electric Power Agency customers without electricity Friday.
April 8
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Underperforming public golf courses are an opportunity for localities to privatize, a new report says.
April 8
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The budget includes a $600 million commitment from the state to subsidize a new stadium for the National Football League’s Buffalo Bills.
April 8
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A mostly tax-exempt deal will let the District Department of Transportation to put energy efficient LEDs in its 75,000 streetlights.
April 8
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Frank DeGuire rejoined Quarles & Brady in Milwaukee this week after working as an in-house corporate attorney.
April 8
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