Investments

Costs associated with the influx of migrants could cost the city more than $12 billion over fiscal 2023, 2024 and 2025.

New York City's $1 billion deal was re-priced to lower yields and a tax-exempt and taxable deal for the NFL's Tennessee Titans new stadium priced.

Not-for-profit community hospitals are drawing scrutiny for questionable business practices.

Mercy Hospital plans to sell facilities and other assets to the University of Iowa, which approved $20 million for the acquisition.

A bipartisan bill would amend the federal law on federal disaster assistance by adding extreme heat to the list of eligible events.

Fitch joined S&P Global Ratings in assigning a gilt-edged rating to the city, ahead of a planned general obligation deal later this month.

The new class of groundbreaking, standout Hall of Famers will be celebrated at a Sept. 13 dinner to close out The Bond Buyer's Infrastructure event, which takes place on Sept. 12-13 at The Palmer House in Chicago. 

Lois Scott inducted into The Bond Buyer's Muni Hall of Fame.

"It's very rewarding to look back and say I helped that educational process get done, or I helped this hospital get financed," Hill Feinberg said.

Our friend and colleague Yvette Shields will be among those posthumously inducted into The Bond Buyer Hall of Fame. Here are some thoughts about how and why we came to this decision.

"He just made a major contribution to the industry," said Jay Goldstone, a special advisor to San Diego Mayor Todd Gloria, who was among those who nominated Schaefer for the Muni Hall of Fame.

Friends, colleagues, and industry professionals held Spiotto in high esteem as a consummate but humble voice in the municipal industry for his bankruptcy and restructuring expertise.

Unlike many in the municipal bond market, Frank Fairman's career has been spent at one firm — Minneapolis-based Piper Sandler — which he joined in 1983 as a nascent investment banker and where he has headed public finance services since 1991.

"I'm grateful to the many members of the municipal marketplace I've been able to work with during my career and for the remarkable opportunities I've been given to contribute," Henry told The Bond Buyer.

Under Reynolds' leadership, Loop has grown into a full-service investment firm with more than 260 employees that's one of the world's largest minority or women-owned investment banking firms.

Zucker has over 46 years of experience in housing finance. He was the first chairman of the bond finance practice division of the Forum of Affordable Housing and Community Development Law of the American Bar Association.

Carey has worked on hundreds of innovative transactions that span a wide gamut of infrastructure sectors, from project finance and surface transportation to major stadiums and arenas across the country and Europe.

Economists remain guarded about the island's economic future.

Municipals followed U.S. Treasuries firmer after markets reacted to the Moody's downgrade of several mid-sized U.S. banks. New issues saw good demand and repriced to lower yields as a result.

Norfolk Southern would buy a 338-mile city-owned railway for $1.6 billion, which Cincinnati would use to create a permanent infrastructure fund.