Munis

Moody’s Investors Service revised the outlook on its Aa2 rating to negative ahead of the $96 million deal.

Declining occupancy levels at privatized student housing projects are likely to continue into early 2021 as the sector confronts headwind from the COVID-19 pandemic, according to analysts.

Bryant Miller Olive PA has practiced public finance and governmental law across the Sunshine State and the Southeast for five decades.

Upfront savings from the $371 million deal will improve liquidity for the authority after the coronavirus-caused traffic downturn.

Missing minimum denomination and interest rate information for VRDOs affected about 57 CUSIPs, FINRA found.

The airport will sell $925 million in a deal structured to lower short-run debt-service outlays as it manages through the coronavirus-driven air travel decline.

The Puerto Rico Aqueduct and Sewer Authority said it might be refinancing its bond debt with a new bond issue by the end of the year.

Recent toll hikes will offset a coronavirus-inspired drop in traffic and a refunding portion gives the authority "financial flexibility," according to analysts.

Advance refunding, direct-pay bonds, and increased limits on bank-qualified bonds would be among the muni-friendly tax provisions that have a good chance of becoming law if Democrats control both chambers of Congress.

The maximum allowable issuance under the SEC's temporary exemption is $20 million.

Municipal bond issuers are coming market at a 26.2% faster pace than they were at this point last year.

Financial advisors in the municipal bond market accounted for $281.23 billion so far in 2020, more than the $225.54 billion in the first nine months of 2019. The top three spots remained the same, followed by some changes in the rankings from last year.

Municipal bond underwriters are on pace to easily surpass last year's total, despite the COVID-19 pandemic. Top bookrunners have accounted for a total of $328.60 billion through the first three quarters of the year, up from the $267.91 billion in the first nine months of 2019. The top five saw small changes compared to a year ago, while spots six through 10 saw more of a mix.

Another week of inflows as reported by ICI and the municipal market continues to push on. There is money to put to work, sources say, depending on who is willing.

Florida is taking public comments about a toll road program that would add more than 300 miles of highway across broad swaths of the state.

The U.S. Supreme Court denied Indian River County, Florida's request for a writ of certiorari, leaving Brightline's bond financing intact.

Analysts say closer to 100% of issuers should be disclosing COVID-19 impacts, when in actuality, that number is much lower.

The transit authority, reeling from the effects of the coronavirus, takes another hit from Wall Street.

With its credit ratings intact after the economic blow from the pandemic, Dallas will go to market with $293 million of bonds.

New York State’s first credit downgrade in 17 years is a warning that fiscal changes will be necessary to combat its coronavirus-induced budget crisis, according to observers.