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Airport management's flexibility and experience are key factors in rating a facility's general revenue bonds, Kroll says.
February 5 -
Treasury Secretary Jack Lew said he hopes Congress and the Obama administration can work in a bipartisan way to authorize qualified public infrastructure bonds or another type of bond program.
February 5
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An Oregon Democratic congressman wants to raise the federal gas tax to generate $210 billion of new revenue for roads, bridges, and transit.
February 5
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Transit projects in 13 states in line for $3.2 billion of federal grants in President Obama's proposed budget for fiscal 2016.
February 4
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Yield-hungry investors should be wary of indulging in triple-B bonds in the current municipal market when looking for extra yield as they are fully valued relative to high-quality bonds, according to Dorian Jamison, municipal analyst at Wells Fargo Advisors.
February 4 -
The Internal Revenue Service is seeking applications from issuers for unused volume cap of new clean renewable energy bonds.
February 4
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Standard & Poor's Ratings Services said it affirmed its BB long-term rating and underlying rating on the University of Puerto Rico's existing university system revenue bonds, some of which were issued by the Puerto Rico Industrial, Tourist, Educational, Medical, & Environmental Control Facilities Financing Authority, and removed the ratings from CreditWatch with negative implications.
February 4 -
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Senate public works panel will continue development of multiyear transportation bill without proposed tax on corporate overseas profits.
February 3
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President Obama's fiscal 2016 budget includes several bond proposals that were also in the budget he released last year.
February 2 -
President Obama's fiscal 2016 budget, unveiled Monday, includes several new bond proposals and a number of bond-related proposals that have been in past budgets.
February 2
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Arizona State University will begin a major remodeling of its 56-year-old Sun Devil Stadium this spring, financed in part by a $356 million bond deal coming to market Feb. 24.
February 2
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Alabama State University's long-term ratings were dropped far into junk territory, to B from BBB-plus, by Standard & Poor's Jan. 30 due to the significant erosion of reserves.
January 30
