Munis

The California Infrastructure and Economic Development Bank approved $321 million in nonprofit conduit sales this week.

The Central Florida Expressway Authority says its deal pricing Tuesday could be up to $347 million.

After a busy week, the muni market is preparing for one of the biggest weeks in history, with an estimated $17.4 billion deals.

Muni issuers rushing to get advance refundings done in December before Congress passes a tax bill that terminates them may face a halt in sales of state and local government securities because of the debt limit.

With rates trending higher, the county still hopes an advance refunding will save water and sewer ratepayers $68 million.

The possibility of the municipal market losing both advance refundings and private activity bonds brought a spike in issuance that's likely to extend into December.

House Ways and Means Committee Chair Kevin Brady said the private-activity bond provision was included in the House tax bill so lawmakers would have more time to discuss these bonds.

A tribal government specialist has replaced Allyson Belsome as head of the group responsible for muni bond audits.

The bonds for Florida’s Brightline train project are rated BB-minus by Fitch.

The precarious footing of the West Clark Community Schools Corp. has led to the board rescinding its prior vote to use general obligation bonds to address immediate heating, ventilation, air-conditioning and safety needs across the district.

“Strengthened” financing agreements for the KFC Yum! Center debt, including longer taxpayer support, resulted in higher ratings.

The state will sell $499 million various purpose GO refunding bonds.

City Auditor Hugh Dorrian steered Columbus away from complicated debt instruments and protected its triple-A bond ratings.

Bond lawyers are weighing how they should approach certain muni deals.

The Central Florida Expressway Authority’s senior bonds won one-notch upgrades from Moody’s Investor Service and S&P Global Ratings.

The municipal bond market focused on the burgeoning new issue calendar as participants waited for a U.S. Senate vote on tax reform, which may come before the end of this week.

The special purpose districts that have powered development in the Cinco Ranch area west of Houston repeatedly failed to disclose to bond investors the risk of severe flooding from the adjacent Barker Reservoir, a Houston Chronicle investigation found.

Las Cruces Public Schools officials have OK'd a measure calling for a $50 million bond election in February 2018.

Surging enrollment in the Uniondale school district — one of Long Island’s largest and poorest — is fueling a nearly $200 million bond proposal that would add more classroom space to meet the demand.

Public school districts with bonds are feeling a new urgency to try to refinance their bonds before the potential passage of a new federal tax bill.