Munis

Most top 10 issuers are from New York and California, with four from New York and two from the Golden State.

She joins the recent additions of Steve Bolden, Jani Lotz and Justin Mapes in Dallas to bolster the firm's Texas presence.

The crisis over House leadership raises risks for muni issuers, while investors say it's time to drill down to the individual credit level.

The attorneys elevated to the of counsel position include Stephanie S. Kim and Katie Leesman, both of the firm's Washington, D.C., office.

As a result of low projected available capacity, some school districts may not get the program's triple-A ratings for their bond sales.

The organization is focused on some key muni priorities with the new year and new Congress.

While the turnpike authority is mulling an appeal of an Open Meeting Act violation judgment, lawyers for property owners are preparing to sue over money paid to contractors.

Some industry observers still question the need for machine-readable municipal disclosure.

The muni market saw $384.086 billion of debt sold in 2022, nearly $100 billion less than $483.234 billion in 2021.

The Securities and Exchange Commission's Public Finance Abuse Division began looking in new directions, charging five different firms with violating 15c2-12 limited offering exemptions in addition to going after issuer officials.

While hope remains for certain muni priorities in 2023, others look highly unlikely to gain traction in an ideologically-split Congress.

State agencies expect to issue about $14.42 billion of debt during the fiscal year that began Sept. 1.

The double-A rated toll agency has two new money toll revenue bond deals on tap for 2023, totaling $900 million.

The state's benchmark debt ratio for debt service to revenue is at 3.78% — well below a 6% target and 7% limit.

Mild economic conditions resulted in slight changes to upgrades and downgrades in the third quarter, compared to the second quarter, S&P said.

Brandon Comer said the SEC's case alleging breach of fiduciary duty against him lacks evidence, but a federal judge refused to end the case.

S&P Global Ratings raised the state flagship university's rating to AA-minus from A-plus.

The highly-rated city wants to pursue general obligation bond programs every five years to fund capital projects for its growing population.

Municipal issuers pushed hard but unsuccessfully against the bill, which gives them four years to standardize their financial information.

As rising interest rates take pension obligation bonds off the table, city finance managers are looking to other methods to manage unfunded pension obligations.