Investments

The College of New Rochelle is on the brink of closure after staff cuts, asset sales and a refinancing failed to alleviate a debt crunch.

The new money segment of the $438 million deal will help fund a midfield concourse at LAX.

The University of Findlay will use long-term bonds to restructure its outstanding debt, which includes capital lease obligations and short-term notes.

Ohio and Nevada issuers came to market with a water deals as municipal bonds showed off their strength.

The New Mexico capital claims the state's first certified green bonds and first anaerobic wastewater treatment plant with Climate Bond Initiative certification.

The ruling affirmed a lower court ruling that dismissed a claim by the commonwealth’s Legislative Assembly that the board exceeded its power.

Refunding volume in the Midwest was down 57% in 2018, while new money deals rose just 1.8%, leaving the region down more than 28%.

Municipals were stronger as issues in Ohio and Nevada came to market

Timely and complete accounting and financial reporting are as critical to municipal professionals as is disclosure, according to Jeffrey Previdi, GASB vice chairman. Long-standing standards and practices are being brought up-to-date to remain compatible with today's rapid-paced changes. John Hallacy hosts.

Gov. J.B. Pritzker’s “bridge” budget would reduce the state's immediate pension contributions, and assumes voters will approve income tax changes in 2020.

Lawmakers are weighing legislation that would authorize $100 million of special purpose revenue bonds to build and operate the plant.

The demand component of the municipal bond market is continuing to drive firm prices,

The audit includes $121.5 million in Series 2011 T direct-pay qualified zone academy bonds and four Series 2011 R taxable of school construction bonds that totaled $ 756.4 million.

Michael Decker has been managing director and co-head of municipal securities at SIFMA since October 2009.

The region's municipal bond industry insiders saw a silver lining in a 21% increase for new money volume.

Municipals remained strong on Monday as a Wisconsin school district sold GOs in the primary market.

As Albany enters the budget homestretch, debate over congestion pricing and other measures to bolster mass transit in the New York City region is intensifying.

Intel Corp. is this week’s top headline act in the municipal bond primary market as issuers in Arizona and Oregon prepare to sell $650 million of industrial and economic development revenue bonds.

Note issuance declined in 2018 as a result of tax reform, rate fears, and ongoing fiscal austerity sparked by state and local revenue growth.

Municipal bond insurance may have finished 2018 down 18.1% from where it was the year before, but it outpaced the 23.5% volume dip the overall industry saw due to changes in tax legislation.