Munis

Most tax-exempt tenders saw low participation, which is good news to the taxpayers. The poorer the participation in the tender, the less is the waste from these premature refundings prior to the call date.

The deal may represent a measuring stick for triple-A benchmark yields amid market volatility.

States are considering tolls, public-private partnerships, per-mile usage fees and even retail delivery fees to shore up transportation funding among a declining motor fuel tax.

Proponents of the proposed bond-financed 86-mile railway in northeast Utah are hoping Congress or a U.S. Supreme Court review can advance the project.

A call to action for the $4 trillion municipal bond market.

The top three co-managers have an average dollar volume of more than $11.7 billion as of the end of December 2023.

Mr. McManimon worked extensively in analyzing, developing and implementing financial plans for redevelopment areas throughout New Jersey.

The Education Finance Council is seeking clarification on bond rules related to student loans.

Financing for the $2.1 billion Calcasieu River bridge includes a mix of state funds, federal grants and bonds, which will hit the market in early April.

The court is considering whether the original PREPA trust agreement gave bondholders a lien on all revenues, which they argue should extend beyond the debt restructuring, or only on the money the authority deposited in its reserve fund.

Issuance for the month is slightly above the $27.666 billion 10-year average, according to LSEG Refinitiv data.

With its cash balance eroding due to a budget imbalance, the university, under the watchful eye of Arizona's governor, will undergo system-wide changes.

Moody's Investors Service cited thinning operating performance for the downward outlook revision.

The legislation comes as the U.S. and Florida saw a record number of rocket launches last year.

Interest rates and federal elections hang heavy over the industry and municipal analysts believe certain muni sectors or subsectors will experience credit deterioration.

The ratings agency cited federal support and military spending on the island as keys to its decision.

As ridership remains low, investors are closely watching for new funding streams and credits like the MTA's planned congestion tax-backed bonds.

The trend toward paying down debt, as opposed to tender offers or refundings, to save money cuts across Red state/Blue state lines. New Jersey retired $500 million of debt to produce $160 million of savings.

The new governor and concessionaire on the $2.1 billion P3 have reached a revised deal that will lower tolls and provide a 15% equity contribution to the local area.

Capital Markets Advisors and its co-principals Richard Ganci and Richard Tortora are caught up in a legal back and forth with the SEC over how MSRB Rule G-42 on conflicts of interest applies to their case.