Investments

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.

The school is Fortec's latest education project, a result of the demand for more schools due to the influx of residents into the South Florida area.

William Glasgall of the Volcker Alliance talks about the future of mass transportation across the U.S. as federal pandemic aid nears an end. Thomas Nocera hosts. (21 minutes)

Meet this year's Rising Stars of municipal finance.

Texas State Bankshares has agreed to buy Estrada Hinojosa & Co., one of the nation's biggest municipal underwriting and advisory firms.

While triple-As were little changed the past two sessions, some damage was done last week, leaving market participants generally less optimistic for the final weeks of August.

The restructuring would make bondholders whole, but the bonds' maturities are being pushed out by 25 to 35 years.

Air travel and airport bond ratings are showing strong recovery, data shows, with international passenger travel leading the surge.

American Advanced Management signed a letter of intent for a lease-to-buy agreement for Hazel Hawkins Memorial Hospital in Hollister.

Extending the tax, which expires at the end of 2025, would raise billions of dollars for transportation projects in the nation's fourth-largest county.

Moody's Investors Service upgraded the Connecticut capital city's issuer rating to Baa3 from Ba2.

Late summer is "rarely a good time for our asset class," Barclays strategists said, noting the municipal investment grade index lost money in August three years in a row, and 2023 seems to follow this trend.

Judge Swain approves another deadline extension for a proposed plan of adjustment.