Munis

Moody's Ratings downgraded Parkview Health System's revenue bond rating one notch, to A1 from Aa3, on Friday. It also revised the outlook to stable.

Issuance was $34.308 billion in 471 issues, down 7.2% year-over-year from $36.982 billion across 536 transactions in 2025. However, this was the third-highest monthly figure for January and above the month's 10-year average of $29.699 billion

Mayors across the country are taking closer looks at data center deals as a way to pay for the infrastructure they require.

The District of Columbia deals will bring a mix of new money and refunding bonds with a variable-rate component.

Campbellsville University "shares many of the characteristics of schools that are struggling" in higher education, said Lisa Washburn of Municipal Market Analytics.

The move comes after Janney shuttered its public finance business in December.

After voters rejected a 2019 bond proposal, Michigan's Dearborn Public Schools is mulling a possible $500 million, $1 billion or $1.5 billion bond this year.

Public finance advocates are trying to interpret mixed signals about plans to pass a major reconciliation bill that could put the threat to the tax-exempt status of munis back on the table.

Downgrades of three private universities in the Northeast reflect enrollment pressures facing the higher education sector, particularly in that region.

Hamilton City Schools blames state funding formula changes and property tax reforms for a fiscal emergency that has prompted school closures and deep cuts.

Bond advocates are watching the appropriations process while the possibilities of a Farm Bill and surface transportation reauthorization may offer openings for restoring advance refunding and raising the BQ cap.

Chicago general obligation bond prices have dropped sharply since the start of the year, according to the Center for Municipal Finance's muni indices.

Subordinate bondholders will likely be wiped out.

Smith has more than 26 years of experience advising on municipal financings.

The House rallied to pass a minibus of appropriations bills ahead of the Jan 30 deadline including most of what the public transit sector wanted.

This would be the state's first bond issuance since 2023.

New Jersey says the Lakewood Township School District failed to deliver an adequate education. The district says it is shortchanged by state funding formulas.

The deal will come to market despite the troubles of some other student housing bonds in Florida.

Maryland Governor Wes Moore unveiled his $70.8 billion budget proposal that is designed to close a $1.5 billion gap via cuts, fund transfers and swaps of bonds for cash.

Dallas Area Rapid Transit's moratorium on new debt issuance comes as voters in five of its 13 member cities will decide whether to withdraw from the agency.