Public finance

The Rhode Island Infrastructure Bank has issued a billion dollars of debt to promote clean water. 

A group of local residents in upstate New York is planning to buy the shuttered Cazenovia College campus for $9.5 million.

The $719.5 million of general airport revenue bonds will help finance an ongoing multi-billion-dollar capital improvement plan.

The Illinois Municipal Electric Agency agreed with 29 of its 32 members on new contracts that last until 2055, but the holdouts include two large customers.

The primary market saw "decent subscriptions" last week, but the entire primary calendar came at "healthy concessions to where evals had been marked on existing bonds," Birch Creek strategists said.

The county comes to market on the strength of its recovery, according to the county's financial advisor.

The bonds, scheduled to price next month, will have JPMorgan as senior manager.

The District of Columbia Water and Sewer Authority is selling $216.5 million of revenue refunding bonds and financing the Clean Rivers Project, a massive effort designed to reduce combined sewer overflows into the local waterways.

A two-year process and a new financing vehicle were needed for the New York Power Authority to price the first prepay energy deal in the state. 

The week was a long-awaited reckoning with record supply, said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.