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A $1.1 billion Texas Transportation Commission revenue offering and a $700 million New York City general obligation sale this week will pump some life into the lackluster new-issue market.
March 2
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Fitch Ratings downgraded more than $4 billion of Detroit Water and Sewerage Department debt to junk bond status Friday afternoon.
February 28 -
Detroit said creditors should have until June 9 to review and vote on the controversial debt plan it filed last week in bankruptcy court.
February 28
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The governments of Los Angeles plan to issue $5.5 billion in debt over the next year, Los Angeles City Administrative Officer Miguel Santana told Los Angeles' 2nd Regional Investors Conference
February 28
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All of Detroit's major creditors, including bond insurers, Friday asked the federal judge overseeing Detroit's bankruptcy case to delay the fast-track schedule by at least a month or more.
February 28
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Proposals to pump up the sagging Highway Trust Fund without raising the federal gasoline tax offer a solution to the highway funding impasse.
February 28
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Rep. Bill Shuster, chairman of key House transportation committee, wants to study two new plans to bolster the sagging Highway Trust Fund
February 27
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Municipal mutual funds reported inflows slowed to $247 million in the week ended Feb. 26 from $320.04 million of inflows the week before.
February 27
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Detroit Mayor Mike Duggan, in his first state of the city address, said the foundation has been laid for Detroit's revitalization as it moves through its historic Chapter 9 bankruptcy.
February 27
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Tax-exempt money market funds recaptured more than half of last week's loss as they gained $1.29 billion in new cash, boosting total net assets to $269.33 billion.
February 27
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Standard & Poor's affirmed ratings and removed from CreditWatch Detroit's distributable state aid bonds issued in 2010 and 2012 through the Michigan Finance Authority.
February 26 -
President Obama proposed a four-year, $302 billion surface transportation infrastructure construction and repair program.
February 26
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The first segment of a new $5.7 billion rail line extension of the Washington Metrorail system to Dulles International Airport needs more work before it can handle passengers, the Metropolitan Washington Airports Authority said Monday.
February 25
