Munis

Dan Hartman of PFM attributed the drop to fewer prepaid gas deals, one-time large transactions last year like Jefferson County's and normal timing variations.

The 10-campus public university system apparently scrapped plans to price $1.5 billion in debt this week.

It's the latest attack on one of the nation's largest infrastructure projects that has long been the focus of Republican ire.

Gary Hall and Sobani Warner were named co-presidents of Siebert Williams Shank as CEO Suzanne Shank focuses on client relationships and strategic initiatives.

Bond sales in the eight-state region totaled $54.9 billion, trailing the nation with an 8.1% gain year-over-year as Texas issuance slipped 7.6%.

The state is expected to pursue a TIFIA loan instead of toll revenue bonds.

Municipal bond insurance volume grew 12.6% in the first half of 2025 year-over-year, according to LSEG data.

Electric power bond issuance was up 47.8% and educatron issuance was up 31.6% from the first half of 2024.

The market saw elevated issuance, with an average of $10 billion to $12 billion of supply per week.

The trustees of the University of Pennsylvania entered into a $300 million loan this month as part of a broad strategy to ensure access to liquidity.

Hunt Memorial Hospital District's distressed finances led to downgrades to Ba3 by Moody's Ratings and B-plus by S&P Global Ratings, with both giving it a negative outlook.

Would-be underwriters of the general obligation bonds will be able to see where they've been ranked among all the bids, and to improve their bid accordingly.

The ruling by a state judge comes in a lawsuit that pointed to unequal access by public school districts to local property taxes and bonds.

Through June 30, BAM insured 11 transactions with par of $100 million or more, with four more deals coming since then, the company said.

Veteran banker Tim Kelly will give Baird's higher education and non-profit sectors a national reach.

The fiscal 2026 budget would increase police and fire funding by $63.1 million as the city works to comply with a voter-approved public safety spending mandate.

A flow of public dollars to private schools has raised credit concerns about public schools and spurred litigation in Southwest states.

The largest investors in the Brightline Florida train have negotiated new terms ahead of an Aug. 13 repayment deadline.

The Virginia Port Authority will sell bonds to finance upfront rent payments for the privately owned Virginia International Gateway.

The University of California is slated to price $1.5 billion in revenue bonds next week even as it battles Trump administration threats to research funding.