Public finance

AASHTO Executive Director Frederick G. "Bud" Wright has spent more than 42 years working in the transportation sector.

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

The municipal market is grinding to a halt, as the long holiday weekend approaches, and market technicals are strong and should remain that way once everyone returns.

The strategy could save the commonwealth roughly $300 million when compounded over 20 years, said state Treasurer Joe Torsella.

The covenant commits the state to four financial-restraint measures that lawmakers passed.

The Oversight Board's executive director said the budget's future is linked to government introduction of at-will employment law.

Veteran banker Michael Placencia will lead the firm's transportation and infrastructure efforts.

Officials say the cost estimate for what New York City Transit president Andy Byford called "a full overhaul" is a work in progress.

Municipal bonds were stronger in late trading as West Virginia and the Regents of the University of California came to market.

The Long Island county named Frank Zarb to lead a task force aimed at tackling the county’s long-term budget challenges.

Water, wastewater, and securitization deals, and possibly an O'Hare airport sale, are still to come from Chicago this year.

Municipal bonds were stronger at mid-session as several big deals hit the market.

Franklin County will sell $250 million of tax-exempt, local government special tax revenue bonds.

West Virginia increased the amount of its competitive sales planned for Wednesday by almost 30% to save money.

Moody's Investors Service, citing fiscal improvements, upgraded the city to Ba3.

Lawmakers in the 27-member Florida delegation in the House are divided about whether more private-activity bonds should be used for Brightline's 235-mile passenger rail line.

IHS Markit's agreement to buy Ipreo from Goldman Sachs and Blackstone private-equity funds is a milestone in the technological evolution of the municipal bond and fixed income markets.

Magistrate Judge Judith Dein's decision may help creditors in their battle over the territory's fiscal plan and debt payments.

Harvey, Illinois, bondholders continue to get the city's home-rule taxes, but lose the city's share of state taxes.

The municipal bond market is seeing a second wave of new issue supply hit the screens on Tuesday, led by deals from California and West Virginia issuers.