Capital markets

Hartford Mayor Luke Bronin struck a guardedly optimistic tone as he released a $567.3 million budget plan.

A banking industry official warned aldermen that some institutions would cut ties to the city if it enacted such an ordinance.

The launch of the new website came shortly after a second upgrade to investment grade.

The Volunteer State lowered the savings threshold it requires for a refunding.

The rating actions came after the state agreed to assume the city's GO debt.

Municipal market volume will rise by two-thirds to $7.45 billion in the coming week, led by a $2 billion taxable deal from California.

KeyBanc will price $162.5 million in revenue bonds for the King County Housing Authority Tuesday.

The bonds will finance projects in the UConn 2000 Infrastructure Improvement Program, a $4.6 billion, 32-year initiative.

Fitch said Chicago's modernization plans may not protect O'Hare against rating pressures as debt levels swell.

Foreign investors and insurance companies are expected to drive California's all-taxable sale

Illinois lawmakers returned to work this week with less than two months to settle on a budget.

Though the legal setback is "harmful" to the Chicago Park District's plan to increase pension funding, it doesn't cause a budgetary crisis, S&P said.

Morgan Stanley will run the books on several negotiated deals that are part of about $360 million in local government borrowing planned.

Weekly municipal market volume is expected to sink back below $5 billion in the coming week, making it harder for investors to price bonds.

Atlantic City's state overseer sees a “major” breakthrough following a $49 million bond sale.

The city's issuer rating from Moody's Investors Service remains mired in speculative-grade territory.

Morgan Stanley rose to No. 2 and JPMorgan slipped out of the top 5 among municipal underwriters; PFM fell to second among financial advisors.

Anna Van Degna, who was a Stifel managing director, now heads San Francisco's Office of Public Finance.

A proposed Chicago ordinance would press banks on gun control.

Alum Rock Union Elementary still faces challenges from probes into alleged fiscal mismanagement.