Munis

As U.S. airports crowd into the debt market to fund capital projects, Dallas-Fort Worth International Airport will increasingly turn to taxable bonds.

Tim Romer, Goldman Sachs’ longtime head of West Region, will retire in early 2019, leaving his post in the public sector and infrastructure banking group to Ritu Kalra.

The deal allows advisory firm Columbia to grow on the West Coast by combining with an established organization.

Insurance companies are eager to invest in infrastructure with the right policy support, a new white paper said.

Gov. Eric Holcomb's administration had been required to study the idea of more tolls under 2017 state legislation.

Municipal bonds finished stronger on Friday ahead of the upcoming $9 billion new issue calendar.

Florida agencies will negotiate with the private rail operator, currently known as Brightline, to build tracks for passenger service to Tampa.

Municipal bond volume fell by almost half in November, underscoring the impact of the tax law.

Municipal bond investors will get to feast on a big new issue calendar, led by an almost $2 billion airport deal coming out of Chicago.

Voters in the Southern California rejected a water and wastewater rate increase, and a subsequent rate hike triggered an unsuccessful recall election.

Now that the SEC has approved the MSRB's proposal to require MA principals to pass a new exam, a content outline and pilot program are on the horizon.

Dearborn plans to price $35 million of bonds and Muskegon County plans $45 million.

SIFMA and BDA responded to the MSRB's request for comment on muni indices and benchmarks, and transparency was a major theme.

The deal clears one legal obstacle to the upcoming issuance of PABs, although two other challengers plan to pursue a federal lawsuit.

Fitch placed the A-plus rating on credit watch negative a week after CMEEC announced its own probe into embezzlement allegations.

The lame duck session of Congress that convened this week may include passage of a tax bill released Monday night by Rep. Kevin Brady, R-Texas, the outgoing chairman of the House Ways and Means Committee.

A junk-rated $112 million deal without state backing will test the market's perceptions of the city's recovery from its Chapter 9 bankruptcy.

Peter Hayes, head of municipals at BlackRock, says liquidity is sound and muni funds can cope with outflows. He says that among the larger factors in their daily decision-making is the status of an issuers’ pension and OPEB liabilities along with bond structure. John Hallacy is host.

Mary Jane Darby, Rob Kanzer and James Still have over 50 years of combined experience in the industry and most recently all worked at Prager & Co. They will be working at the firm’s New York office starting later this month.

The IRS letter ruling publicly released Friday allows floating private equity to be used for a prohibited use for a tax-exempt bond-financed airport terminal renovation.