Public finance

The city said it needed the money to be able to make payroll in November and December.

The new hires in four major offices bring expertise and regional coverage to better serve the firm's clients, and Loops plans to expand further to build on its existing strengths.

The Texas city could revisit plans for a desalination project to boost its dwindling water supply with the city council scheduled to consider it next week.

Keohane was described by colleagues as a deep thinker with an encyclopedic knowledge of New York public finance law and a great sense of humor.

The winners of the Freda Johnson Award are Jeanette Weldon of the Connecticut Health and Educational Facilities Authority and Elaine Brennan of Roosevelt & Cross Inc.

The airport's sprawling capital improvement program is expected to total $11.5 billion over the next decade, $9 billion of it bond funded.

Photos from The Bond Buyer's 2025 California Public Finance conference.

Some of the most active sectors have been education (+29%), GOs (+17%) and healthcare (+17%), said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.

Assured Guaranty commented on Brightline and PREPA during its third-quarter earnings call, on which the company reported a 46% increase in third quarter gross par written year over year, to $7.85 billion from $5.38 billion.

The Port of Long Beach cargo volumes are ahead of last year for the first 10 months, though October saw a dip in traffic.

Recently enacted tax policy changes will help the state's finances, Fitch said.

The muni market may see additional volatility due to "uncertainties related to the future of tariffs and stronger inflation prints," said Barclays strategists led by Mikhail Foux.

The industry for years has lobbied Congress and the Treasury Department to make the changes, but the issue has taken on more urgency amid a data center boom that promises to transform the U.S. energy landscape

Fresno, California, received a boost to positive from stable on its senior lien airport revenue bonds.

Moody's cited very narrow liquidity, very high leverage and concerns about delays in opening up a new campus.

Investors added $1.266 billion to municipal bond mutual funds in the week ended Wednesday, following $744.3 million of inflows the prior week, according to LSEG Lipper data.

S&P revised Chicago's outlook to negative from stable and affirmed its BBB rating on the city's outstanding general obligation debt.

Public transit emerged as an $11 billion winner in the 2025 elections as voters in five states approved measures to pour money into the sector.

At least $200 million of the bonds will be priced on a competitive basis.

The city plans to sell about $690 million of AMT bonds on Nov. 18 to finance facilities and refund outstanding debt for the airline.