Munis

An Oklahoma agency is borrowing $1.15 billion through an unrated tax-exempt Public Finance Authority bond deal to build and equip a tire factory backed by Finnish interests.

The Chicago Public Schools ended the week no closer than it started to answering the question of how or if a scheduled pension payment will be made.

The rating agency cited a tax cut package enacted by the state last year and uncertainty over federal policies for the outlook revision to stable from positive.

Natural disaster disclosure warrants 'a special focus,' NFMA's 2025 chair says.

Mesirow's George Barbar said the group's top legislative focus is preserving the municipal bond tax exemption.

As lobbying efforts happen behind the scenes in the House, the ongoing battle over the Washington, D.C., budget is attracting attention from the market and the credit rating agencies who are hedging their bets on a successful outcome.

Firms like Siebert Williams Shank and Huntington have begun stacking their benches with municipal finance talent amid tax exemption uncertainty.

The city council approved the private placement of up to $325 million of notes to commence funding for a $1 billion convention center expansion project.

Fitch Ratings cited the San Diego-area health district's ongoing fiscal woes in dropping its rating to B-minus from B and revising its negative watch to a negative outlook.

"If you're an issuer, this is fly-in season," said Jarrod Loadholt, partner at Ice Miller LLP. "Don't hope someone else is going to solve this for you — they're not."

A bondholder group is negotiating with the school, which continues to operate.

A $1.1 billion dollar cut to the Washington, D.C., budget by way of Congressional action is on hold thanks to intensive lobbying and an intervention by the Senate as the city vows to meet its financial obligations.

Northeastern University plans to sell municipal bonds to help replace its 115-year-old Matthews Arena, long-ago home of the Boston Bruins and Celtics.

Bond-issuing infrastructure districts and development zones were a focus of legislation passed by Utah lawmakers during a session that ended March 7.

Mayor Brandon Johnson's team wants the Chicago Public Schools to refinance debt to free up money for a pension payment to the city.

The Trump administration has dealt several blows to an already-battered sector. 

A review of the biggest issues in various public finance sectors in 2024.

Gov. Josh Stein said in his State of the State address too many schools are overcrowded or decrepit.

The Tax Policy Center examined which cities and states would be the most affected if Congress eliminates the tax exemption.

After digit-double cuts out long Wednesday, muni yields rose an additional two to four basis points, depending on the curve, on Thursday.