Pension obligation bond

The podcast series moves on location to The Bond Buyer's National Outlook Conference on New York, where Alan Rubin of Blank Rome and Michael Imber of EisnerAmper weigh in on resilience financing and pension funding, respectively. Paul Burton hosts.

Moody's dropped to Caa3 a pool of pension obligation bonds likely to be dragged down by wildfire damage to Paradise, California.

Despite the many factors pulling against our market including slowing GDP and trade uncertainty, Christopher Mier, CFA of Loop Capital, remains optimistic on the municipal market. He see upgrades outpacing downgrades and is looking for stable returns in the state and local sectors. He even has hopes for improvements in Illinois post election and believes that P3s and OPEB bonds may see more activity. John Hallacy is host.

How the Bond Buyer covered the disasters and challenges of 2018.

Mayor Rahm Emanuel says his pension package offers a path to further stabilize city employees' pensions without burdening taxpayers.

Chicago would issue up to $10 billion of POBs under a proposal the mayor left to city council to decide.

A bill would extend the sunset date of the law allowing local governments to issue pension obligation bonds and OPEB bonds past Dec. 31.

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

The Chicago City Council approved the 2020 budget in a near unanimous vote.

The deadly Camp Fire left Paradise, California, in ruins, raising questions about the town's future and whether it can pay its debts.