Investments

Months after the school district cut a deal to end a teacher walkout, voters rejected a tax measure to help pay for it.

New Mayor Lori Lightfoot shows a commitment to maintaining investor relations that helps the city's access to the bond market

As the district braces for possible state receivership, Pennsylvania Auditor General Eugene DePasquale calls for a 'real-time' audit.

Patrick Luby, senior municipal strategist with Credit Sights, stresses how investors are reallocating funds to the municipal market. The strong level of support is driving coupon experimentation by issuers. He forecasts about $310 billion of issuance this year with a large part being directed by sentiment. John Hallacy hosts.

Morgan Stanley will price the flexible-rate deal with a 1.95% coupon, according to pre-sale pricing guidance.

McLaren Health Care will use proceeds to fund capital projects including a replacement hospital for McLaren Greater Lansing.

The Oversight Board called the deal to reduce cuts to retirees a "crucial step" toward restructuring $25 billion in bonds and loans.

Price guidance was issued on the Fla. DFA's $950M deal for Virgin Trains, which is expected to price on Thursday.

The Long Island township has paid off most of more than $20 million of deficit bonds it sold in 2010 and 2011.

The judge ruled for Peter Cannava, who had denied wrongdoing even after Wells Fargo and other defendants settled charges.

The Florida House of Representatives wants to intervene in the Miami-Dade County Expressway Authority lawsuit, saying its authority to pass bills is threatened.

The court put off a formal ruling for 10 days but made clear it expects to lift the confidentiality seal on bank transcripts with only limited redactions.

The troubles of the Better Housing Foundation bonds had been flagged in earlier rating downgrades and disclosure statements.

Bond proceeds will help fund construction of a $500 million natural gas-fired combined cycle generating facility.

The first of the week’s new-issue slate sold on Tuesday, led by deals from issuers in California, New York and Ohio.

Under the bill, if more than 65% of carbon dioxide emissions from a given facility are captured and injected underground, then 100% of the eligible equipment can be financed with PABs.

New York and New Jersey lawmakers are looking to steer funding for a new Gateway rail tunnel by expanding the role of an agency charged with coordinating funding for the long-stalled Hudson River project.

The new bonds would offer about 25 basis points less in interest.

Deputy Governor Dan Hynes says the recent legislative session put the state on an "upward trajectory," but underfunded pensions dog the state.