Private placements

The private developer building the new passenger terminal in Everett, Washington, used $50 million of tax-exempt bonds.

Stockbridge's attorneys filed a state constitutional challenge in local court, and plan to file a civil rights complaint in federal court soon.

Bills that stripped territory from Stockbridge without apportioning its debt are credit negative for Georgia local governments and could impose higher borrowing costs.

State and local governments in some cases weren’t disclosing terms of direct borrowings, private placements that exposed them to risks different from those related to other types of debt.

The city launched a new investor website, and boasts two recent upgrades to its still-junk ratings.

The structure the airport used combines the advantages of a bond issue with those of a private bank loan, an official said.

Wayne State University's partnership with a private developer may serve as a model -- especially if the pending tax law bans private activity bonds.

Banks often demand key terms of private placement documents be redacted when issuers want to disclose them and questions of materiality arise.

The Moody's downgrade comes amid large losses and higher capital spending.

Mike Duggan won another term in Detroit, and Flint's Karen Walker beat back a recall effort.

The program heads to the Financial Review Commission and the Michigan Finance Authority for approval.

Market groups and individuals asked the SEC to reject parts of an MSRB rule intended to improve transparency of dealers' private placements.

The city plans to privately place $125 million for neighborhood revitalization.

Sarasota County and the West Villages Improvement District will issue bonds for the $100.5 million ballpark.

A number of municipal market groups and firms asked the MSRB in comment letters to create an exemption to its CUSIP rule that would allow placement agents to generally avoid having to obtain CUSIP numbers when they are engaging in private placements, including direct purchases.