Munis

The disclosure of some variable-rate demand obligation information on EMMA shouldn't be used to dismiss a lawsuit alleging fraud in VRDO remarketing,lawyers for the plaintiff told an Illinois court.

S&P placed the Florida utility’s bond ratings on CreditWatch Negative after JEA asked a court to void a power purchase agreement.

Raymond James plans to enhance its standing in Texas public school finance with the addition of Curtil Culwell, who was superintendent of three different school districts.

The Texas Public Finance Authority is laying the groundwork for revenue bonds to fund a Capitol mall and another office complex in Austin.

Municipal advisors have a duty of care to their clients that is much more comprehensive, and more demanding.

The fallout from a 2017 federal fraud case is continuing to impact bond investors with the latest development involving the loss of tax-exempt status for bonds that were issued for two assisted living facilities in Georgia.

Officials said the deal was undertaken to simplify the Valley Transportation Authority's debt portfolio.

The municipal bond market will be ready and waiting for the $7 billion of new issuance, including the first billion dollar deal in nearly five weeks.

The Legislature failed to publish a public notice about changes in the law authorizing the sole security for the bonds, the court ruled.

Two state senators are backing a proposal to toll low-occupancy vehicles in carpool lanes on highways that currently lack tolls.

Municipal bond traders will see a healthy new issue calendar hit the market next week.

House Republicans want to make permanent the $10,000 cap on state and local tax deductions and the lower tax rates for individuals, both of which are due to expire at the end of 2025.

This week’s trading volume indicates there will be robust demand for municipal bonds, Morgan Stanley Wealth Management says.

The Fitch Ratings action does not affect its AAA rating for LAUSD general obligation bonds, which are rated based on a dedicated tax analysis without regard to the district’s finances.

The $582 million deal in the spring was the largest pooled school district bond issuance in the 74-year history of the Dormitory Authority of the State of New York.

The report found that 61% of the 341 finance officers who participated in the survey anticipate negative future impacts on their city's financial health from the termination of advance refundings, while 35% said they already have seen negative impacts.

Municipal bonds were little changed on Thursday as a big sale out of Nevada hit the screens.

MEAG wants a power purchase agreement enforced against JEA, which says the agreement must be vacated because it wasn’t properly approved.

Susan Fitzgerald, Moody’s associate managing director, discusses the higher education sector, noting both long-term and near-term considerations, while hitting topics including net tuition pricing, student demographics, derisking of debt portfolios and endowment giving. John Hallacy hosts.

The Downriver Utility Wastewater Authority will sell $57 million of debt.