Capital markets

DTE Electric Co. is seeking a $537 million reduction in its taxable value, possibly threatening the county's credit rating.

The Vermont Municipal Bond Bank is expanding its individual investor outreach ahead of its newest transaction.

Danbury, Connecticut, has launched an investor relations website, BuyDanburyBonds.com, in advance of a $39 million sale of bonds and notes.

Working under three elected comptrollers for 12 years, she was a stabilizing presence behind the scenes.

Carol Kostik, the senior among eight deputies, has worked for three city comptrollers and managed the issuance of more than $110 billion of debt .

Bradley Wendt, a former investment banker with extensive experience in municipal bonds, interest rate swaps, and other fixed income products, joins Treasury's Office of Domestic Finance.

Moody's calls Minnesota's pension reforms a positive for the state and its local governments.

Municipal bond issuance reached $30 billion for the third straight month, as the market prepares for what is expected to be a slow summer.

Gov. Paul LePage's post-pricing intervention to block the closing of $113 million of GO bonds may increase Maine’s future borrowing costs.

Education banker John Baracy has opened Raymond James’ first public finance office in Los Angeles.

The condition of Florida’s economy and finances led Moody's to upgrade the state to Aaa.

Cash flow pressures drove a downgrade of Stockton University as the New Jersey public college prepares to open an Atlantic City campus.

Three straight years of budget surpluses led S&P Global Ratings to upgrade the Nassau County town of 766,000.

The firm is expanding at its St. Louis headquarters, where it says it wants its sales professionals to be housed.

Morgan Stanley won the auction for both tranches of $261 million of debt.

The authority, one of the largest municipal issuers, will substitute a Bank of Tokyo-Mitsubishi letter of credit with State Street.

Two years after New Mexico lost its triple-A rating, New Mexico has taken its second downgrade from Moody's Investors Service based on rising pension and Medicaid obligations.

State officials intend to come to market with $225 million of Commonwealth Transportation Fund revenue bonds.

S&P said there was a one-in-three chance that it could raise Allen Park's rating by multiple notches over the next year.

The county's last junk bond rating was erased with a two-notch Moody's upgrade to Baa2.