Capital markets

Key Texas lawmakers agreed on a formula to extend the Dallas police and fire pension fund’s life.

Municipal volume will remain near recent levels the week before the Memorial Day holiday, supported by rising investor demand and a continuing bond rally, market participants said.

Chicago Public Schools will borrow against delayed state grants to finish the school year.

Hudson Yards Infrastructure Corp., the developer of a 45 block area on Manhattan's west side, won a two-notch upgrade from S&P Global Ratings.

University of Connecticut bonds are on Moody's review for downgrade.

Bonds for Northern Illinois University student housing were sent to junk over occupancy struggles.

New Jersey lawmakers sued, challenging the private placement of debt for the State House renovation.

Connecticut's governor and lawmakers are trying to patch a projected $5 billion deficit.

S&P joined Moody's and Fitch in downgrading Connecticut.

S&P Global Ratings has revised the outlook on Nassau County, N.Y.'s general obligation (GO) debt to stable from negative.

S&P Global Ratings says stock market gains will boost California revenues in fiscal 2018.

The Indiana's school bond intercept program's AA-plus rating was affirmed after legislative tweaks.

RBC Capital Markets hired David Utz, formerly of Goldman Sachs, as its managing director and head of its U.S. infrastructure team.

Illinois and its local governments will all suffer if the state is downgraded again, Nuveen warns.

Hartford, Conn.’s latest downgrade shows Connecticut must help the city avert bankruptcy, said Mayor Luke Bronin.

MetroHealth's low-investment-grade deal received plenty of orders with attractive yields offered.

Connecticut was downgraded to A1 from Aa3 by Moody's Investors Service.

Hartford, Conn. received another downgrade as S&P Global Ratings lowered the city to BBB-minus.

Gov. Dannel Malloy presented a new Connecticut budget as two rating agencies downgraded the state.

Municipal market participants are set for a second week of issuance greater than $8 billion amid a surge in demand.