Munis

Banks failed to convince the court that the lawsuit doesn't meet the legal hurdles for a false claims action.

NABL suggested that the federal government be allowed to purchase new issues of tax-exempt bonds.

The group is charged with advising MSRB board members on ways to improve EMMA.

Bond-financed student housing was already facing headwinds when the COVID-19 crisis sent most tenants home.

Supply-starved investors flocked to the St. Louis-based private university's taxable deal, which was upsized to $450 million from $300 million.

The state treasurer’s office began purchasing eligible VRDOs from participating Ohio health care systems and other critically important institutions.

Speaker Nancy Pelosi, D-Calif., said the next package will make up for shortcomings that haven’t been addressed such as the insufficient aid to state and local governments.

The rapid spread of COVID-19 creates a great deal of uncertainty about the well-being of U.S. colleges and universities.

An obscure board authorized in 1973 and categorized as "military affairs and defense" approved Gov. Gina Raimondo's request despite questions about constitutionality.

"Like all businesses, we are operating in a period of uncertainty which may last several months," Virgin Trains/Brightline President Patrick Goddard said.

The Los Angeles and San Diego school districts warned that extraordinary costs mean their budgets may not balance.

Benchmark yields fell another 50 to 60 basis points, dropping them more than 1.5% in just four days. Meanwhile, a $450 million taxable new-issue came to market and was eight times oversubscribed.

A shutdown of large public gatherings due to virus's pandemic cost the Manhattan cultural organization its investment grade rating.

A judge preliminarily approved a deal to end three lawsuits, but the South Carolina-owned utility still faces federal securities fraud litigation.

The rating agency, citing severe ridership drops from COVID-19, dropped its rating to A-minus from A. It assigns a negative outlook.

Disclosure in a series of pending and recently priced Midwest healthcare deals underscore the rapidly evolving impact of COVID-19.

Two rating agencies placed a negative outlook U.S. toll roads, while others monitor risks as volumes decline as COVID-19 keeps drivers at home.

Bond-financed bridges across the Rio Grande will lose revenue because of the partial closure of the border, as will the Texas economy.

The SEC answered questions regarding COVID-19 disclosure in a webinar Thursday and said there would not be relief for issuers' late annual financial filings.

The central bank said its program to support money market mutual funds will also serve as a backstop for state and local governments.