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Chicago has selected its new senior manager and co-manager pools to underwrite future bond deals, five months after it released its request for qualifications.
October 6
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The Department of Transportation pulled funds from the Gateway Project and the Second Avenue Subway extension, citing alleged "DEI" violations.
October 6
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The Texas Transportation Finance Corp. leads the new-issue calendar with $1.739 billion of subordinate tier toll revenue and refunding bonds, followed by New York City with $1.5 billion of general obligation bonds.
October 3
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Fitch revised its outlook on the AAA-rated southern California to negative. The city is grappling with child sexual abuse claims from hundreds of people against one former employee.
October 3
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If approved, the $6 billion federal RRIF loan would be "quite positive at this juncture," an investor said.
October 3
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The CTA's funds have been "put on hold to ensure funding is not flowing via race-based contracting," Office of Management and Budget Director Russell Vought said.
October 3
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Public finance attorney James Woodward will lead the firm's new Athens office.
October 3
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The county will tap reserves and eliminate vacant positions to meet budget challenges driven by billions of dollars of child sexual abuse settlements.
October 3
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"While the shutdown will eventually be resolved, present circumstances may catalyze tactical investment opportunities as a way to capture even more compelling yield and income opportunities," said Jeff Lipton, municipal market intelligence analyst for The Bond Buyer.
October 2
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The rating agency cited narrowing reserves and the expectation that the city will experience declining revenues next year.
October 2
