Munis

JoAnne Carter, managing director and president of PFM, will succeed Hartman as CEO.

The University of Chicago embarked on the Illinois Finance Authority's largest financing ever to transform its capital structure and fund major projects.

The decision is expected to be appealed to the Georgia Supreme Court and the ruling could have implications for the muni bond industry.

The low-rated, Phoenix-based university turned to a public debt sale after refinancing maturing outstanding bonds with bridge loans.

The group of five banks deny long-standing charges from a Minnesota-based whistleblower that they conspired to artificially inflate the rates on variable-rate demand bonds.

The board is seeking one municipal advisor, one broker-dealer and two public representatives to join the board for FY 2026.

A bond-financed rehab of the downtown sports arena is receiving pushback.

The Los Angeles school district was at the forefront of a Build America Bond refunding wave with its $2.9 billion deal.

New Senate Majority Leader John Thune, who played a key role in negotiations of the Tax Cuts and Jobs Act, noted at the time the "fierce support in both chambers" for tax-exempt private activity bonds.

The county is reviewing responses to a request for proposals to help fund construction of a replacement jail through a bond-financed lease-purchase arrangement.

Trump's proposed corporate tax cut, if enacted, would further concentrate the buyer base and increase the chance of volatility, said Wells Fargo head of municipal strategy Vikram Rai.

PureCycle Technologies, which bought back its muni bonds earlier this year, continues to sell them on to support its liquidity needs, CFO Jaime Vasquez said.

Omaha voters approved six general obligation bond measures totaling $333.4 million last week, none of which required a tax increase.

Numerous vital issues are on the docket for the new Trump administration.

The top 10 healthcare issuers accounted for $11.52 billion in 52 deals in the first half of 2024 as the sector deals with rising costs and staffing shortages.

Orrick Herrington & Sutcliffe was the top bond counsel, accounting for $42.15 billion in 277 issues for an 11.3% market share.

RBC Capital Markets was the top underwriter for healthcare issuance in 1H

The Central Ohio Transit Authority's half-cent sales tax increase will back up to $500 million of revenue bonds.

Voters approved at least 168 local school bond measures for $42.8 billion, according to preliminary tallies, but dozens of bond requests will fall short.

The turnpike plans to sell $1 billion of revenue bonds in 2025's first quarter to continue funding for an expansion project now estimated to cost $8.2 billion.