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Build America Mutual reported a jump in claims-paying resources and statutory comprehensive income in the first quarter as well as a smaller statutory loss than in the past.
May 12
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New Jersey received final bonding approval on a large-scale state house renovation project.
May 12
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Connecticut received a push out of double-A territory, as Fitch Ratings dropped it to A-plus.
May 12
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A Dallas school bus agency fell to a junk bond rating as a potential default neared.
May 11
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The Illinois Senate President warned that disaster looms if historic gridlock doesn't end soon.
May 11
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MBIA Inc. said first quarter profit of its U.S. public finance business fell as premiums from refunding transactions declined.
May 11
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Illinois lacks a path to restructure state debt but Puerto Rico's filing heightened chatter.
May 9
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New York’s Metropolitan Transportation Authority intends to return to the catastrophe bond market.
May 9
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Instead of obsessing over negative arbitrage, use refunding efficiency as your signal to transact.
May 9
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The Bay Area Rapid Transit District is set to issue its first green bonds.
May 8
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Vote means Vernon, Calif., general fund transfers from utility will continue, a credit negative.
May 5
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S&P Global Ratings revised its outlook on the District of Columbia's (DC) general obligation (GO) bonds to positive from stable and affirmed its 'AA' rating on the bonds. At the same time, S&P Global Ratings assigned its 'AA' rating and positive outlook to the district's series 2017A GO refunding bonds.
May 5
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S&P dropped $244 million of bonds issued for an Indiana P3 further into junk territory.
May 5
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Albany N.Y. was revised to stable from negative by S&P Global Ratings.
May 5
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Moody’s Investors Service placed an Indiana school district on review for upgrade after the state changed its school credit enhancement program.
May 5
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Atlanta closed Thursday on its $226.2 million water and wastewater refunding.
May 5
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Assured Guaranty Ltd., the biggest municipal bond insurer, reported gains in first-quarter profit, boosted by the acquisition of MBIA UK Insurance Limited.
May 5
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Gov. Jim Justice called West Virginia lawmakers into special session to “fix the budget crisis.”
May 4
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Hawaii received a Fitch Ratings outlook boost to positive ahead of an $856 million bond sale.
May 4
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Rick Kolman has joined Academy Securities as a managing director.
May 4
