Munis

S&P Global Ratings lifted its outlook for the North Texas Tollway Authority as it prepares to refund $850 million of debt.

The three-pronged Local Infrastructure Financing Tools Act was introduced Friday by Rep. Terri Sewell, D-Ala.

Forward delivery sales, a replacement for tax-exempt advance refundings, could grow in 2021.

Investors who make the leap toward greater use of alternative data will find that the quality and accuracy of their credit assessments will benefit from the use of alternative data when used in place of subjective or qualitative guesswork.

The agenda includes discussion of possible changes to MSRB Rule G-10, on investor and municipal advisory client education and protection.

S&P Global downgrades Tri-State Generation and Transmission Association to BBB-plus amid plans to reduce coal consumption and lower costs for members.

The deficit last month was $659.6 billion, the third-largest on record and biggest since last June.

Texas A&M University System purchased the privatized housing at three campuses through a taxable revenue bond deal.

Smith, who joined the Michigan-based law firm in 2016, will lead a 16-member team.

Municipal bond issuers in the State of New York accounted for half of the top 10, while issuers from California held two of the top four spots.

While the top three remain the same, changes were plentiful in the rest of the top 10, including five new firms making their way there.

The top municipal bond underwriters of the first quarter of 2021 are well ahead of last year's record pace, as the country is starting to finally see the light at the end of the COVID-19 pandemic tunnel.

These so-called American Renewal Bonds would help finance a national infrastructure initiative until the economy sufficiently recovers from the pandemic.

Kansas City will follow up a GO sale from last month with $186 million of tax-exempt, taxable new money and refunding special obligation bonds Wednesday.

Crumbaker has experience representing bondholders and corporate trust companies in cases related to distressed or defaulted high-yield tax-exempt bonds.

S&P raised CPS' junk rating by one notch, saying federal funds will boost an "already positive financial trajectory."

Over the weekend, prominent senators criticized President Biden's infrastructure plan, with some more moderate senators' votes hanging in the balance.

Monday’s announcement came at the halfway mark of fiscal 2021 after only one other priority -- arbitrage violations -- had been announced since the Oct. 1 start of the federal fiscal year.

With its growth only slightly hindered by the pandemic, the University of Texas System aims for savings with refunding deal.

The authority appears ready to take advantage of market conditions following a successful December refunding.