Capital markets

The firm sought to coerce banks that underwrite high-yield state and local government debt deals from doing business with Preston Hollow Capital, the Dallas-based lender alleged in a lawsuit.

FA Jeff Larson said the $2.7 billion in nonrated bonds are expected to price in late March.

The firm's new chief executive sees a wealth of assets, a positive employee culture, and great potential for growth.

The upgrade Friday came as city Comptroller Scott Stinger warned about the use of numerous one-time actions to balance the budget.

Moody's Investors Service lowered the Philadelphia-based university to Baa1.

The state treasurer's office is reviewing proposals for underwriting and remarketing services, and the Public Facilities Commission is choosing attorneys.

The next mayor will be under pressure on pension funding, labor contracts and economics, S&P Global Ratings said.

Municipal bond issuance jumped 29.2% in February, and may climb further as the initial effects of the 2017 tax act fade.

The state's BBB Fitch rating is at risk of a downgrade if lawmakers adopt Gov. J.B. Pritzker's proposed fiscal 2020 budget.

The new money segment of the $438 million deal will help fund a midfield concourse at LAX.

Mounting deficits cost Valley Stream, N.Y. its investment grade rating.

The region's municipal bond industry insiders saw a silver lining in a 21% increase for new money volume.

Following a late-2017 rush to market of advance refundings and private-activity bonds in the run-up to the implementation of new tax legislation, supply in 2018 -- particularly refunding issuance -- suffered a steep decline.

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

Escalating deficits and dwindling reserves triggered a downgrade nine months after the city's liquidity crisis.

The Minnesota-based advisory firm undertook a brand makeover designed to highlight its comprehensive suite of services.

Fitch downgraded many of the district’s bonds to BBB-plus, but those it views as having pledged special revenues stay AAA.

S&P Global Ratings said that the integration of Martin Health System into the Cleveland Clinic will allow greater operating efficiencies.

Moody's Investors Service placed about $1 billion of debt issued for California's former redevelopment agencies on review for upgrade.

Texas bond volume hit an eight-year low in 2018, but industry experts gathering for The Bond Buyer's annual Austin event are optimistic about the long run.