Industries

The new PREPA deal would force un-insured bondholders to accept a loss of principal, unlike the previous deal, which allowed retention of bonds at face value.

St. Louis based SSM is turning to the taxable market to pay down debt and bolster its liquidity.

The city's property tax rate would increase by roughly 1 cent, costing the average Raleigh homeowner an extra $19 a year, under a transportation spending package city leaders are considering.

Gov. Chris Christie has cut off state payments to Amtrak.

House Democrats contend that infrastructure project delays result from a lack of funding, not red tape.

Energy Northwest is preparing to price $592 million of revenue and refunding bonds.

Rebuilding the nation’s transportation infrastructure will require more direct federal funding, experts tell a congressional panel.

Infrastructure advocates are bearish on the near-term success of President Donald Trump's ambitious plan to "rebuild America's crumbling infrastructure," despite the administration's continuing assurances that transportation, where the backlog is greatest, is a top priority for Trump.

Transportation Secretary Elaine Chao said a Trump infrastructure proposal could be ready by May.

Congressional budget dispute has frozen more than $1 billion of 2017 federal highway and transit funding to states.

In this new edition of Muni Minute, we turn our focus to The Hill in Washington, D.C., as there will be lots of activity that should be of interest to the municipal market.

The board of New York’s MTA approved contracts aimed at speeding the rebuilding of the L subway line’s Canarsie tunnel by three months, to 15 months.

Ohio’s $7.8 billion budget is awaiting action by Gov. John Kasich after legislative passage last week.

A bill giving give the West Virginia Parkways Authority the abilities is moving to the House after it passed the Senate Wednesday in a 26-8 vote.

While some states celebrated President Trump's reversal of the Clean Power Plan and others filed lawsuits, public utilities are expected to continue moves away from coal.

Trump's $1 trillion infrastructure plan will be structured to attract private investors, Transportation Secretary Elaine Chao said.

Now that health care is taking a back seat to tax reform in the Trump administration, municipal portfolio managers are maintaining their investment strategies while bracing for changes on overall market demand and other technicals.

The shroud of massive federal funding cuts hang over New York City's hospital system despite the Republican Congress' failure to eliminate Obamacare, said the city's top health administrator.

California leaders have announced their agreement on a five-year $52.4 billion transportation infrastructure investment package that would raise roughly $5 billion in new annual revenue for state and local governments.

Chicago will forgo a private financing arrangement and instead reach into its own pockets to finance a $160 million overhaul of its streetlight system.