Munis

Birmingham, Alabama's general obligation bond rating was lowered one notch by Moody's due to growing pension liabilities.

The Alternative Reference Rates Committee said the recommendations are part of its mandate to address risks in contracts that refer to Libor as part of the larger shift to the Secured Overnight Financing Rate (SOFR).

Municipal bond sales sank 28.2% from April 2018 as issuers awaited clarity on federal infrastructure plans.

As the session enters the homestretch, lawmakers are divided over how to impose tolls on the state's highways and whether to do so.

The fate of higher education was on the agenda at the Milken's Institute's Global Conference.

Philadelphia awarded a $190 million general obligation deal to banks the city is suing, alleging collusion on variable-rate debt.

The new mayor and council will take office after a bond issue resolves a longstanding back-pay lawsuit that the departing mayor once said threatened bankruptcy.

The new amendments to be filed to the Securities and Exchange Commission will give disclosure responsibility to the lead underwriter, meaning less duplicative disclosure for issuers.

School districts dominate the list of 64 issuers seeking $11.2 billion of debt authority.

Municipal bond buyers will be seeing more than $5 billion of supply headed into the market.

The Miami-Dade County Expressway Authority’s bond rating is being pressured by pending legislation usurping the agency’s power, Moody's says.

The University of Maine’s discounts on out-of-state tuition have changed its student population and officials foresee a post-graduation payoff for the state.

The Muni Forum of N.Y. is presenting awards to industry leaders at its 30th annual awards dinner on May 16.

The funding and design-build contracts signed Thursday will advance the state’s largest-ever transportation project.

Municipal bond buyers saw the last of the week’s new issues come to market on Thursday with action dominated by several large California water issuers.

More municipal supply hit the market on Wednesday with the University of Connecticut’s $240 million general obligation deal attracting interest.

Gary Community School Corp. in Indiana wants to test its access to the bond market with a $5 million bond refunding.

The city moved up its bond notice and document postings in response to a BondLink report saying investors want more time to review deals.

A class-action lawsuit alleges four of the world’s largest oil suppliers cheated Puerto Rico's electric utility out of more than $1 billion.

A bill restructuring a local expressway authority would order tolls to be lowered by 25%, threatening future road projects.