Public finance

GAO report unveils power failures at airports.

Judge is considering hearings in March, as requested by the bondholders.

The state's Council of Bond Oversight will once again consider $500 million of bonds for a controversial $5 billion Oklahoma Turnpike Authority expansion.

The firm Kestrel verified the green bond component of the deal, which priced Aug. 16.

The White House should remove barriers to help usher in a "golden age of technology" in the water sector, said the President's National Infrastructure Advisory Council.

The 32-bed Trinity Regional Hospital Sachse opened in 2021 and was funded through municipal bonds sold through the Wisconsin-based Public Finance Authority.

Moody's credited generally sound fiscal practices, good governance and federal aid with the likelihood that Maui County and the state would retain their current credit ratings.

The award will be presented to Chu during Women in Public Finance's national conference in Washington, D.C. in September.

Syncora Guarantee and GoldenTree Asset Management filed notice of appeal again seeking a receiver in the bankruptcy.

Over the last month or so there's been some volatility in the muni market driven by the Treasury side, said Daryl Clements, municipal portfolio manager at AllianceBernstein.

The upgrades mark the second in a year for the tollway authority's ratings, which were raised last August by S&P Global Ratings.

Fitch analysts mentioned the tardy ACFR in the ESG section of its most recent rating report on California general obligation bonds.

Andy DeVries of CreditSights is fairly optimistic about the eventual outcome for bondholders, though its tax-exempt paper has been trading at a discount.

The settlement, which hinged on a successful exchange of old bonds for fresh debt, resolves long-running investor litigation.

Mohamed Balla, Atlanta's CFO, talks about housing bonds and his participation in the recent National Association of Security Professionals' annual conference. Thomas Nocera hosts. (22 minutes)

The muni market "finally succumbed to the month-long rate selloff that had seen valuations test historically rich levels," said Birch Creek Capital strategists in a weekly report.

In direct costs to the budget, the proposal would cost Puerto Rico revenues $153.2 million of individual taxes and $283.6 million of corporate taxes per year, according to the governor. The Oversight Board disagrees.

The state's transportation secretary credited funding from a 2017 gas tax increase for enabling it to clear up a backlog of transportation projects.

While muni buyers will see a meager slate of new issues this week, Jacksonville, Florida, heads to market with a sale of over $290 million of revenue and refunding bonds.

The investment firms that did not agree to the Oversight Board-led settlement would see only 3.5% of original par under the plan.