Public finance

City Council member Paul Krekorian counters that city is still in good financial shape.

The city is looking for banks to lead a tender offer and refunding of bonds issued as part of its bankruptcy exit.

Irresponsible practices by policymakers drove debt to $11.7 billion, according to a report refuted by a pension official.

Top-quality municipal bonds ended stronger on Thursday as more than $3 billion of transportation deals hit the market.

UBS Wealth Management Americas continues to fill out its re-emerging public finance practice, adding three more new-hires in Dallas, Los Angeles and New York.

The county must move to replace the lost revenue, the rating agency says.

Moody’s downgraded $31 billion in Puerto Rico public sector bonds citing the reduced outlook for repayment.

Top quality municipal bonds were stronger at midday as two big transportation deals hit the market.

Debt restructuring proposals for the Puerto Rico Aqueduct and Sewer Authority’s senior revenue bonds haven't included any reduction in principal.

The commonwealth will also issue GANs and commonwealth transportation fund revenue bonds in November.

The municipal bond market are seeing the last of the week’s big new issues price on Thursday -- with transportation issues leading the way.

The Connecticut Education Association seeks an injunction, calling the governor's executive-order cuts illegal.

The allure of promised savings persuaded most Chicago City Council members.

Moody's has downgraded Puerto Rico's general obligation bonds to Ca from Caa3, due to the protracted economic and revenue disruptions caused by Hurricane Maria.

Recovery from Hurricane Harvey is expected to cost state government about $2 billion over the next two years.

Top-rated municipal bonds ended stronger on Wednesday as new offerings from Texas and California issuers hit traders' screens.

Voters decided they will pay higher taxes to borrow $206.7 million to widen roads, build new sidewalks and bicycle lanes, and support other transportation projects.

The job cuts are permitted under the state’s Municipal Stabilization and Recovery Act, the judge ruled.

The Metropolitan Water District's support could augur well for the project.

Tax-exempts important, but not enough, infrastructure advocates tell Congress.