Investments

After less than a year, the groundbreaking renewable-energy bond sale has run into problems, including several technical defaults.

This is the second letter BDA has sent to the SEC in the last couple of months opposing any kind of relief for muni advisors involved in private placements.

LIPA plans to price $485 million of electric system general revenue bonds this week.

Bond insurers National and Syncora agreed to back the Puerto Rico utility's restructuring plan, bringing support to more than 90%.

Issuers jump into the market as yields remain near record low levels.

Unless Congress acts, there will be $1 billion in automatic cuts to transit grants and $7.6 billion in highway aid reductions.

The law firm representing the trustee for a $250 million student housing complex accused the University of Oklahoma of predatory behavior.

Fed still divided, but 25 basis point cut is a good bet.

The unsecured creditors want to prevent GDB successors from making $578 million of claims against central government.

With supply looking up, traders and analysts expect new issues to be well absorbed even if Treasuries correct futher.

The U.S. Department of Housing and Urban Development said Thursday it is expanding the Rental Assistance Demonstration program to Section 202 PRAC units that house senior citizens.

A multiple-year recession and state leaders' failure to adequately address it led to the Fitch Ratings downgrade.

CPS sees spread penalties dwindle as market looks for yield and recognizes district's fiscal progress.

Gov. Gina Raimondo’s planned 20-year, $1 billion extension of a gambling technology contract with IGT sets off the state's latest bare-knuckle political fracas.

The mediation, initiated six weeks ago to resolve disputes over almost $25 billion of bonds, has yet to address the core issue of legality of some of the debt, according to a bondholder familiar with the process.

The Chicago Public Schools also came to market with a $349 million GO deal.

The governor declared the $2.1 billion Mobile River project "dead” after it a local planning organization voted it down.

State and local governments are providing more transit funding than they have before, offsetting some of the ridership woes.

The city of Clear Lake, Iowa, is hoping a full-service investment-banking firm will help it secure the highest credit rating.

“I think there’s enough demand for Illinois bonds," said Vikram Rai, head of Citi's municipal strategy group.