Investments

Enrollment and inflation-adjusted net tuition trends are negative.

Leading Life Senior Living in 2020 defaulted on $30.275 million of bonds it sold in 2017 through the Oklahoma Development Finance Authority to purchase two memory care facilities.

The rating agency raised the system's subordinate-lien general airport revenue bond rating to A-plus from A with a stable outlook amid increased enplanements.

A separate report showed the state's workforce declined by 1% between 2011 and 2021 while the workforce increased 5.1% nationally during that time frame.

Lower supply in 2022 has somewhat helped the market avoid larger losses, many participants have said.

PREPA bondholders' filing cites the Bankruoptcy Code, the PREPA Trust Agreement and other documents.

Airports, schools and affordable housing received an infusion of cash from lawmakers

KBRA said the upgrade reflected the airport's large and growing service area, anchored by Miami, which is a vibrant center for tourism and trade.

The Bond Buyer's senior regional reporters hold a roundtable discussion on the midterm elections. Caitlin Devitt, Yvette Shields, Karen Pierog, Keeley Webster and Thomas Nocera talk about implications for the municipal bond market. Chip Barnett moderates. (30 minutes)

The Nov. 8th ballot in Midwest states was crowded with bond, governance, and policy questions.

"An increase in social distancing and remote work has resulted in growing vacant office space since late 2020. Office rents have also trended down and remained depressed into 2022," according to the Popular Annual Financial Report.

Had the teachers' challenge succeeded, the cost to Puerto Rico could have been $1 billion. A challenge to the plan from credit unions is before the First Circuit Court of Appeals.

The negotiated calendar this week is very light due to the Thanksgiving holiday, with only four deals above $100 million.

Incoming Gov. Wes Moore's political support for Hogan's signature project is uncertain.

Property owners in the path of a $5 billion highway extension and the Oklahoma Turnpike Authority are fighting over whether state statutes allow for the issuance of bonds for the project.

Fitch and S&P downgraded the city as it grapples with rising costs, limited revenue prospects and a looming pension funding spike.

The financially distressed utility has less than two weeks to find a substitute supplier of 80% of its fuel.

Issuance shrinks to $722 million while Bond Buyer 30-day visible supply sits at little more than $7 billion.

The agreement has the potential to ease pressure on $1.7 billion of separate tax-exempt bond debt taken on to finance the massive mall and entertainment venue.

A combination of federal funding and rising tax collections has filled the coffers.