Capital markets

Brian Brewer will be the firm's public finance director following the retirement of longtime manager Keith Kolb.

There was no consensus on prospects for a federal infrastructure plan at Wednesday's Bond Buyer event.

Municipal bond volume evaporated in January, as the market felt the aftereffect of federal tax legislation that pulled issuance forward into 2017.

It will take some time to see how both tax reform and infrastructure makes an impression on the muni market, said panelists at The Bond Buyer's National Outlook 2018 Conference.

Moody's revised its outlook on Connecticut's capital to developing from negative, pending the city's application for a state workout program.

Against a backdrop of chronic state budget strife, Jefferies will price the Commonwealth Financing Authority’s tobacco master settlement bonds this week.

Another week of modest muni volume is expected, as issuers offer more chunks of taxable bonds.

The Ohio Turnpike and Transportation Commission is selling $72 million of senior-lien bonds and $415 million of junior-lien bonds.

The "transformative" effect of landing the second Amazon headquarters is likely to help the economy of the winning government, according to S&P.

The increasing saturation of the Northeast market with casinos bodes poorly for states expecting tax windfalls, analysts said.

Oil appears to be making a steady comeback, lifting prospects for the key producing states, according to Fitch Ratings.

Chicago’s Sales Tax Securitization Corp. bonds cleared the market after a one-week delay.

The authority realized $534 million in present-value savings from those transactions in 2017, said finance director Patrick McCoy.

The cloud-based application is designed to help smaller firms access data on a broader universe of bonds.

Gov. John Bel Edwards released a spending plan for 2019 targeting health care and higher education to bridge much of the deficit.

The university expects healthy reception for its higher education bonds in a supply-constrained market.

The city will see Monday if its retooled sales tax securitization issue is a go with the market.

Muni volume in the last week of January is forecast to match that of the first three weeks combined, satisfying pent-up investor demand.

Milwaukee is selling $70 million of notes to speed up pension payments.

A state official cited the need to have special tax obligation bonds rated "on the bonds' own merits," distinct from the state's GOs.