Capital markets

Richard G. Bartow and his son Richard T. Bartow joined the office this week and will focus on K-12 education.

Recently elected Mayor Justin Elicker revived an old municipal battle cry with a call for more contributions from Yale University and Yale New Haven Health.

The rating agency expects to resolve the rating watch evolving within the next four months.

The rating agency will await the legislature's passage of a final budget before casting a credit judgment.

Moody's Investors Service revised the outlook on Hurley Medical Center's Ba1 rating to positive from stable ahead of a $52 million sale.

Issuers of all sizes are taking advantage of the expanding taxable investor base — from institutions to international to SMAs — as the muni market evolves.

Issuers in the Far West sold $85 billion of municipal bonds in 2019, a 23% increase from 2018.

Moody's Investors Service revised its outlook on Detroit's general obligation bonds to positive from stable and affirmed its junk Ba3 rating.

The city's sustained financial health is attracting private investment and enabling it to fund neighborhood infrastructure needs, Mayor Bill Peduto said.

The Fitch rating on the bonds, issued as part of the Midwestern Disaster Area authorization, remains deep in junk.

Moody's upgraded the revenue bonds of the largely industrial city near Los Angeles to Baa2 ahead of a $158 million refunding.

Walter told The Bond Buyer she has been hearing the same push for transparency since her start at the SEC.

November's progressive income tax referendum looms large over Gov. J.B. Pritzker's proposed fiscal 2021 budget and the state's long-term fiscal prospects.

Bond yields keep grinding lower ahead of the largest issuance week of 2020, clocking in at $13 billion.

The $5.2 billion Buckeye Tobacco Settlement Authority deal will restructure the debt service schedule, returning the Ohio credit to investment-grade.

The SEC said that the timeliness of disclosures is a “major challenge” in the secondary market for municipal securities.

Lack of supply continues while professional money keeps market liquid.

Fitch Ratings dropped Immaculata University, in the Philadelphia suburbs, to BB-minus from BB.

The Moody's downgrade to Baa3 for East Orange School District stems from reserve levels that have been in the red the past two years.

Municipal investors should go long as the short end is expensive, strategists say.