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Trains are now carrying passengers on the first segment of Washington rail system extension funded with $3 billion of federal loans and toll revenue bonds.
July 28
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A settlement with Detroit's limited-tax general obligation bondholders that calls for a 34% recovery also gives the creditors a say in the city's effort to repudiate $1.4 billion of pension certificates, one of the most controversial aspects of the bankruptcy case.
July 28
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New-issue volume is expected to decline by around $2 billion this week, as a handful of deals from California, the District of Columbia and Illinois will vie for investors attention.
July 27
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The Agriculture Department and CoBank have formed a $10 billion fund to spur private investment in rural public infrastructure.
July 25 -
The outcome of Detroit's high-profile bankruptcy case could influence how other distressed Michigan governments prioritize their own retirement obligations against other types of debt, Moody's Investors Service said.
July 25
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Municipal funds reported their highest inflows in 11 weeks.
July 24 - Texas
Texas will provide nearly $6 million in subsidies for Charles Schwab Corp. to add a new center in El Paso and expand its Austin operation, Gov. Rick Perry said.
July 24
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The Bond Buyers muni bond indexes strengthened in the week ending July 24.
July 24 -
Allowing states to toll existing highways as an infrastructure funding option divides transportation industry advocates.
July 24 -
Hospital bankruptcies are on pace to set a record in 2014 and investors should get more involved with restructuring efforts, a firm specializing the field says.
July 24
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Samson Capital Advisors LLC, a New York-based global fixed-income investment management boutique, has tripled its assets under management in the past decade, as demand surged for wealth management advice.
July 24
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Detroit's bankruptcy may prove relevant for current restructuring candidates like Puerto Rico, the City of Chicago, and several municipalities in California.
July 24
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Outflows from tax-exempt money market funds decreased to $66 million in the week ended July 21, as total net assets settled at $256.75 billion, according to The Money Fund Report, a service of iMoneyNet.com.
July 24
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Gov. Jerry Brown signed a bill into law on Wednesday that will expand an existing law to require California debt issuers to disclose any direct loans from banks to the California Debt and Investment Advisory Commission.
July 23
