Munis

Moody's put the Illinois State Toll Highway Authority's A3 rating on review for a downgrade in the wake of the Puerto Rico ruling.

Municipal bond market participants are keeping one eye on the sale calendar and the other on the equities market.

Calculating the remaining useful life of a port or airport facility can be problematic, but the IRS ruling released May 3 supports a simplified method of making this determination using the date of the new agreement as a starting point.

Chief Financial Officer Dave Massaron said Detroit will work with Public Resources Advisory Group to build more robust investor relations as it looks to build out its debt model.

Moody's Investors Service downgraded tax-exempt bonds issued for a Syracuse, New York, shopping mall expansion to the last rung above junk.

At the National Federation of Municipal Analysts’ annual meeting in Charleston, South Carolina, members asked the board to find ways to open up communications between investors and issuers.

Transportation issues took center stage in the muni market on Thursday.

Fitch Ratings cut the Miami-Dade County Expressway Authority’s bonds to A-minus from A after lawmakers passed a bill to cut tolls and dissolve the authority.

Airports have been clamoring for an increase in the PFC limit for years, arguing that they need it to help finance capital improvements that would be paid for with new bond issues.

Legislation to put bond measures and the 2020 and 2022 ballots has cleared two Assembly committees.

Municipal bond buyers saw more deals come to market on Wednesday as muni yields held in at lower levels.

Detroit Public Schools Community District has substantial capital needs but its ability to fund them is constrained.

At the National Federation of Municipal Analysts annual conference, panelists discussed the “elephant in the room” — myths about issuer disclosure.

The current volume cap on PABs issued for highways and freight improvement has just over $2.5 billion remaining that can be authorized by the U.S. Department of Transportation.

Mary Francoeur of PFM Financial Advisors passed out the awards during the annual NFMA conference in Charleston, South Carolina.

The port's initiative is a credit-positive approach to the risk of online attacks, according to Moody's Investors Service.

Carl McCall, a former New York State comptroller and Democratic candidate for governor, reflects on what molded his many years of public service starting with enduring the challenges of growing up in a segregated Boston neighborhood to the recent experience of chairing the State University of New York Board of Trustees. Andrew Coen hosts.

If approved by the governor, the budget will mark the ninth consecutive year of record spending by the Sunshine state.

The issuer launched a new investor relations website in advance of its bond sale Tuesday.

“Brogdon's substantial and ongoing failure to comply with the plan and court orders are egregious and ongoing,” a court-appointed monitor reported.