Munis

With class certification now in hand, the cities that brought the lawsuit have two weeks to outline how other municipalities will be provided notice of the chance to join.

The long-time high-yield muni manager left Nuveen in April when the firm settled a contentious lawsuit with Preston Hollow.

The MAMBA Act would modernize IRS rules affecting private activity bonds.

Bond trustee UMB Bank informed owners of the defaulted debt they may have actionable claims related to the bonds' sale.

The private equity firms accused the bank of concealing key changes to a credit agreement, in part because it wanted to win future muni bond business from Brightline Holdings.

The Bipartisan Infrastructure Law gives the country "the best start we've ever had," in setting up a national bullet train network, Transportation Secretary Pete Buttigieg told a House panel Wednesday.

The nonprofit regional healthcare system reported six straight years of operational losses in its most recent financial report.

Ocean Capital's next move is to attemot to have its elected directors seated on the funds' board of directors.

Miami-Dade County is fighting Florida lawmakers' latest attempts of a takeover of its expressway authority.

A referendum for up to $350 million of general obligation bonds for a terminal project will appear on the Nov. 7 ballot.

School districts and local governments may only hold bond elections once a year now, in November. They also face new state-imposed revenue limits.

A constitutional amendment on the Nov. 7 ballot would deposit $1 billion in a Texas Water Fund with at least 25% earmarked to increase the drought-prone state's water supply.

Loop Capital Markets CEO Jim Reynolds, Jr. said he would gladly pay a bit more for a muni bond that tackled gang violence in Chicago during a debate on ESG factors among market veterans at The Bond Buyer's infrastructure conference this week.

The rating is the first so far released for a controversial debt sale that will begin financing a $5 billion, 15-year toll road expansion project.

How to fill the gap left by ridership declines is the question facing transit agencies, said panelists at The Bond Buyer's Infrastructure Conference.

Mayor Brandon Johnson is set to unveil a spending blueprint with new revenue proposals next month.

The school district plans to price $670 million in a combined new money-refunding deal next week.

The state in 2010 sold $1.5 billion of bonds backed by payments from a master settlement agreement with tobacco firms and used the proceeds to pay overdue bills.

The authority approved $1.3 billion in conduit financings at its meeting Tuesday.

Since the COVID-19 pandemic Gretchen Sherwood has co-lead Nixon Peabody's Project Finance and Public Finance practice groups' 50 member bi-weekly team calls.