Capital markets

The public finance banking team is led by veteran banker Jack Holland.

Bob Spangler and Jim Tricolli will assume responsibilities as RBC's co-heads of municipal finance as Hamel steps away from the top-five underwriter.

S&P Global Ratings said it lowered its long-term rating on Missouri Western State University's (MWSU) series 2008, 2010B, and 2012 to BBB-plus from A-minus.

The ratings withdrawal impacts two Indiana bonds and various New York, and Virginia local government issues.

S&P Global Ratings lowered its outlook on Cook County's AA-minus rating ahead of a $100 million refunding.

The commonwealth plans two more sales in early 2018 after Tuesday's $600 million deal.

The par value of muni underwriting fell for the top five firms as volume receded from the 2016 record.

Mayor Keisha Bottoms said housing affordability, transparency, public safety, education, and transportation are priorities.

The use of reserves was cited in the downgrade of Las Vegas' Clark County School District.

The city launched a new investor website, and boasts two recent upgrades to its still-junk ratings.

Issuers rushing to close PABs and refunding deals propelled issuance past the single-month record set before 1986 tax reform.

Municipal utility districts on the Texas coast enter 2018 with a stable outlook, according to S&P.

While the new tax law may portend a difficult year for the municipal market, higher short-term rates and low supply should propel demand in 2018.

Gov. John Bel Edwards said lawmakers must agree to replace $1 billion in expiring revenues by Jan. 19 or he will cut the budget.

North Dakota county loses investment grade as it prepares to open new jail.

Ingalls Health System in south suburban Chicago was downgraded one notch to Baa3 by Moody's Investors Service.

New Jersey is planning more than $200 million in borrowing for new government office buildings amid opposition from many in the state's capital city.

Indiana’s experience provides a roadmap for what can go wrong in a private partnership, though it's not indicative that the funding technique is flawed.

A limited tax base and heavy legacy obligations have hamstrung the city, according to the rating agency.

As the exact language of the final tax legislation looms, municipal market participants eager wait to see how it pertains to private activity bonds, there will be $11 billion of issuance awaits as issuers make one final push.