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Hunton & Williams LLP has hired David Horner as a partner to work in the firm's infrastructure public-private partnerships practice.
February 23
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Georgia's recently enacted supplemental state budget dedicates $750 million to transportation projects.
February 22
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The many sectors and subsectors of municipal bonds experienced widely varied rates of growth or decline in 2015.
February 19 -
After 16 consecutive quarters of positive tax receipts received by state and local governments, municipal experts said it's no surprise that the need for short-term municipal note issuance has been steadily declining in recent years.
February 19
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A Financial Industry Regulatory Authority arbitration panel in San Juan ordered UBS AG to pay an investor about $1.45 million in compensation for losses suffered by investments in its Puerto Rico closed-end bond funds.
February 19 -
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In the week ended Feb. 18, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose three basis points to 4.04% from 4.01% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.
February 18 -
The inadequate national investment in transportation infrastructure means it will take at least 21 years to replace or upgrade the 58,500 structurally deficient road bridges in the U.S., according to the latest bridge inventory from the Federal Highway Administration.
February 18
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Investors eager to buy triple tax-exempt debt have been turning to the Pacific Ocean territories of Guam and American Samoa, where limited tax bases and large debt loads create some risks reminiscent of Puerto Rico.
February 18
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Verity Health System of California agreed to repay its $278.6 million in junk-rated revenue bonds at a higher interest rate in exchange for relaxed debt service coverage requirements.
February 18
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Proposal by Democratic leaders in the Maryland General Assembly would restrict governor's authority to allocate transportation project funding.
February 17
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