Industries

The $1.2 billion deal, issued by the California Community Choice Financing Authority and underwritten by Goldman Sachs, saw Alphabet as its funding recipient.

As budget reconciliation finally moves past the Senate, Aggie bond advocates are reintroducing the Modernizing Agricultural and Manufacturing Bonds Act.

The rating agency cited improving financial metrics and the port's importance to the regional economy.

A convention center, a wastewater treatment plant expansion, and a light rail system are among projects in the city that include bond financing.

Market Intelligence analyst Jeff Lipton explains why energy prepays have become a popular SMA allocation for yield and diversification, while warning that financial institution counterparty concerns and "guilt-by-association" bank headlines can still trigger episodic spread widening.

Rating agencies, infrastructure analysts and stakeholders are asking questions about the modeling assumptions underpinning data center financings.

PNC added bankers to its higher education and West Coast teams.

Among the reasons S&P cited for the upgrades are "very high activity levels and long history of favorable enplanement trends."

The Missouri Highways and Transportation Commission will sell the third lien state road bonds in a competitive deal set for auction on Tuesday.

Market Intelligence analyst Jeff Lipton distinguishes impairment from default in unenhanced conduit multifamily credits and explains how occupancy declines, covenant breaches and reserve draws can trigger severe price discovery long before a payment miss occurs.

Hennepin County Medical Center operates one of the state's busiest emergency departments, and most patients are uninsured or on public insurance like Medicaid. 

Mayor Karen Bass introduced a multi-year comprehensive plan, saying it is a first for a city that for too long had a fragmented approach to infrastructure.

The bond sale follows an upgrade by S&P Global Ratings but comes while the city is in the midst of an extreme drought.

Artificial intelligence will help maintain the nation's global competitiveness, according to a panel of political and tech leaders at the Milken Institute's Global conference.

After Gov. JB Pritzker released his BUILD plan to lower housing costs, the Illinois Municipal League unveiled its proposal: the REAL Housing Act.

The biggest-ever bond referendum in Texas was passed Saturday for Dallas schools, while voters in only one city chose to leave Dallas Area Rapid Transit.

Doubts are emerging on Capitol Hill about when a surface transportation reauthorization may arrive and what effect, if any, it will have on the beleaguered Highway Trust Fund.

In addition to building a new patient tower dedicated to cancer care, the bonds will refund nearly all of Dana-Farber's outstanding debt.

"Really the only chance of high speed rail in the United States in the next decade is Brightline West," said Federal Railroad Administration head David Fink.

Market Intelligence analyst Jeff Lipton argues MRBs can add value to conservative muni sleeves, but warns that extraordinary redemption features, prepayment behavior, loan origination performance and liquidity constraints can make redemption analysis just as important as credit analysis.