Public finance

The Kentucky State Property and Building Commission will be the issuer for the $885.5 million of bonds.

The muni market's gains are likely a continuation of Tuesday, Charles Schwab's Cooper Howard said, but markets could turn sour after personal consumption expenditures data is released Thursday.

Issuers are watching Washington D.C. gearing up for a water bill reauthorization, along with decisions on state revolving funds, appropriation levels and the future of WIFIA.

Municipal finance professionals surveyed by The Bond Buyer said unrealistic revenue projections were the top driver of problems for public-private partnership deals.

Munis and USTs both received a boost from news of a possible peace deal with Iran.

TIFIA and RRIF programs were slightly expanded and airport authorities will now be able to apply for CRISI grants.

The rating agency cited solid financial performance and a stabilizing leverage profile.

Affirmation of Otero County's ratings comes as a state law threatens bonds it sold for a detention facility used by federal immigration enforcement.

Moody's Ratings upgraded Detroit's issuer and general obligation unlimited tax bond ratings to A3 after S&P bumped Detroit to BBB-plus from BBB.

New data from The Bond Buyer finds more than half of respondents agreed that private sector partners stand to benefit the most from the increased use of P3s.

The Municipal Forum of New York presented three awards to industry leaders and veterans at its annual awards and leadership fellows fundraising dinner. 

The Municipal Forum of New York recognized three muni veterans for their service.

The market has seen a trend of "happy endings to each week, disappointing Mondays," according to James Pruskowski, managing director at Hennion & Walsh.

"We're going to have some weak days, we're going to have some stronger days, maybe they wash out against each other," said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.

The Trump administration took over the Penn Station renovation a year ago, accusing the MTA of mismanagement.

Proposed FEMA reforms could further increase financial strain for state and local governments after natural disasters.

Express toll lanes have evolved from a "boutique subsegment" to the fastest-growing sector in ground transportation, according to Fitch Ratings.

Ajay Thomas, head of public finance at FHN Financial, said the market has been "totally driven" by headlines out of the Middle East this week.

After months of hard-fought negotiations, the House Transportation and Infrastructure Committee's version of the surface transportation reauthorization is out of the gate.

Flagstar — one of the largest regional banks, operating around 340 locations across nine states — recently hired four senior executives.