Investments

They also came in 14% higher than those of December 2021.

The $292 million federal grant comes from the Mega grant program for large, complex infrastructure projects, which had a "wildly competitive" first year, said Transportation Secretary Pete Buttigieg.

Christian Care Centers' bankruptcy liquidation plan leaves bondholders impaired after an asset sale raised only $44.25 million.

The MSRB is proposing to allow previously qualified muni advisors, who have been out of the profession for two or more years, a one-time exemption from having to requalify by examination.

Total volume for the month was $21.931 billion in 417 issues versus $26.292 billion in 770 issues a year earlier, according to Refinitiv data.

The state must spend more than previously estimated to keep pace with infrastructure needs, the Tennessee Commission on Intergovernmental Relations reported.

"January issuance is at a multi-year low, with large declines in both taxable and tax-exempt issuance," said Matt Fabian, a partner at Municipal Market Analytics. 

Tim Walz's proposed budget offers a mix of additional spending, tax cuts, new bonds, and an early payoff of bonds issued for the NFL Vikings' stadium.

The Puerto Rico Oversight Board says PREPA electric demand will decline 50% by 2051.

Mayor Lori Lightfoot, in a reelection fight, highlights first-term progress including lifting the city's bond ratings and bringing new investors to debt sales.

Investors will likely sit on the sidelines until after this week's Federal Reserve Board rate announcement.

The lawsuit comes as higher education energy concessions have become one of the most active spaces in the P3 market.

The ratings on special district bonds issued for the Outlets at Legends, a shopping and entertainment district in northwestern Nevada have been on an upward trajectory for several years.

Analysts opine on the Federal Open Market Committee meeting, how high interest rates will go and when the first cut may happen.

The MSRB took no concrete actions at its meeting that ended last week, but discussed initiatives important to market participants.

Mergers and acquisition dropped to 55 last year from 73 in 2021, continuing on a downward course since 2017, according to a review published by Ponder & Co.

Investors will be greeted Monday with a new-issue calendar estimated at $847 million.

Miami-Dade County Mayor Daniella Levine Cava unveiled plans to create an authority to fund innovation while Miami City Mayor Francis Suarez focused on the environment and housing affordability.

A California treasurer's conduit approved a $135 million bond-funded grant for Loma Linda University Children's Hospital.

Attorney general William Tong gave the legal stamp of approval to a high profile public-private partnership that came under fire for cost overruns.