Munis

The authority that financed baseball and football stadiums in Chicago is sounding fiscal alarms as the coronavirus pandemic crushes hotel tax revenue.

The municipal market can best be described as a "Goldilocks market" due to accommodative federal monetary policy, strong demand and limited supply, bond director Ben Watkins told the Cabinet.

One must be mindful of and pay close attention to obligor filings, credit spreads and, of course, rating actions whatever chair you sit in.

The Idawy Solid Waste District is being honored for its four-county, two-state effort to finance a state-of-the-art landfill.

Ken Lind, leader of Nixon Peabody's project finance and public finance group, breaks it down by sectors and financing instruments. He also examines virus-related SEC disclosure guidance plus the planned phaseout of Libor. Paul Burton hosts. (38 minutes). Recorded Dec. 2.

Joe Torsella still advised that such a move to backstop the commonwealth's two largest public retirement funds is no panacea.

The SEC said the court should oppose SIFMA's motion to include news articles in the proceedings, saying the group relied on only one rationale.

The LBJ Infrastructure Group, operator of managed lanes on a Dallas highway, will sell $1.2 billion of bonds through a conduit issuer.

The number of issuers using a temporary exemption jumped to 101 in October from 35 the previous month.

Clark County, Nevada's reserve draw, brought about by low hotel tax revenues, has no rating impact on the limited tax general obligation bonds, Moody's said.

The twin ports of Southern California, in Long Beach and Los Angeles, both reported record numbers this fall.

The state attorney general is asking the court to clarify the legal standard for denying taxpayer actions and decide if the state constitution limits GO borrowing to capital purposes.

The state will use debt service savings from the refunding side of the deal for near-term budget relief; the deal includes its first taxable refunding bonds.

Task forces studying three proposed toll road projects failed to conclude if there is a need for the new corridors or modifications of existing roads.

Predictably, the rating agency cited COVID-19 effects in its downgrade to AA-minus from AA.

Ratings analysts see a darker outlook for higher education in 2021 as the effects of the pandemic continue to erode revenues and enrollment.

Law firm appoints Robert Labes to head its public and infrastructure finance practice group with hopes for expansion if an infrastructure bill comes to fruition.

During an industry briefing Tuesday, SIFMA's Kenneth Bentsen, Jr., said no matter who leads the SEC next, SIFMA will argue for an end to a temporary exemptive order.

Jonathan Ballan, co-chair of the public and project finance team at Cozen O’Connor, calls for new categories of tax-exempt bonds to help urban areas redevelop from COVID-19. He also makes a deeply personal appeal to tighten cybersecurity laws. Northeast Regional Editor Paul Burton hosts. Recorded Nov. 19. (27 minutes)

Moody's downgraded Wisconsin's largest city by one notch due to budgetary pressures.