Munis

The Central Texas Regional Mobility Authority will sell $333 million of bonds and notes.

"We have no need for cash-flow relief or restructuring," said the treasurer of Dallas Area Rapid Transit, which continues to expand its rail services.

The two-notch lowering to A-minus precedes the transit agency's planned $258 million negotiated sale of transportation revenue refunding green bonds.

The board, at the first quarterly board meeting of its 2021 fiscal year, also voted to split its existing Nominating and Governance Committee into two.

The city of Myrtle Beach, South Carolina, will honor its backup pledge to replenish the Myrtle Beach Convention Center Hotel Corp.’s debt service reserve fund.

Municipals were little changed on Thursday as the supply surge continued ahead of the U.S. elections.

Toll collections on the Garcon Point Bridge have been suspended since mid-September because of Hurricane Sally, pitting the bond trustee against the state of Florida again.

Groups said regulation would not be helpful in encouraging more disclosure.

Five new muni professionals join Hilltop Securities’ debt and fixed income capital market teams; all of them came from Wells Fargo.

Managing Director, DTA

Senior Associate, Orrick

As the country and the market hurtle toward an uncertain future, the Rising Stars will be among those working to keep states and localities strong.

Weathering headwinds from the pandemic and energy industry turmoil, the Oklahoma Department of Transportation will price $193 million for highway projects.

Pricing was delayed for a $3.2 billion municipal bond deal to finance a passenger railroad between southern California and Las Vegas.

The top municipal bond counsel firms easily surpassed 2019's pace of par amount. Year-to-date, the top-ranked firms have totaled $326.46 billion compared with last year's number of $265.99 billion.

The two active municipal bond insurers wrapped $25.22 billion in the first three quarters of 2020, a 62% surge from the $15.57 billion of deals done in the first nine months of 2019.

Municipals were a bit stronger on the long end Thursday as action heated up in the primary.

The Louisiana State Bond Commission will refinance $424 million of variable-rate bonds; the deal isn't expected to include the termination of underwater swaps.

Municipals finished little changed Wednesday as a hefty slate of new deals came to market.

The Alabama Public School and College Authority will issue nearly $1.5 billion of bonds and most of the deal will be tax-exempt new money.