Public finance

Covenant's issuing tax-exempt debt to retire some variable-rate, term loan bank debt and taxable bonds to fund construction of a rehabilitation facility.

New York City has seen debt service savings in excess of $2 billion since 2014, but that the city must find more opportunities to cut costs, says Comptroller Scott Stringer.

Maria Doulis of the Citizens Budget Commission and Howard Cure of Evercore Wealth Management examine how the state's Medicare cost crisis could affect the city's budget. They also discuss the MTA, public housing and property tax overhaul. Paul Burton hosts.

Municipal bonds yields continued their descent and once again rewrote the record books, as the flight to safety on fears of COVID-19 that took place Friday picked up right where it left off.

Bankruptcy hearings are underway for Lindan Properties, one of five troubled bond-financed Better Housing Foundation affordable housing portfolios in the area.

Indian River County commissioners voted to ask the U.S. Supreme Court to review its unsuccessful appeal against passenger train developer Brightline/Virgin Trains.

Think tank Regional Plan Association and advocacy group Make the Road New York are urging leaders to expand climate resiliency measures.

Investors to be greeted by largest issuance week of 2020 led by $5B Buckeye tobaccos.

For the third time in four years, long-term municipal bond volume has surpassed the $400 billion mark — this time thanks to a second half surge in taxable issuance that took the market by storm.

The two active municipal bond insurers insured $5 billion more in 2019 than they did in 2018 thanks to a surge of issuance in the fourth quarter.

Bond yields keep grinding lower ahead of the largest issuance week of 2020, clocking in at $13 billion.

The $5.2 billion Buckeye Tobacco Settlement Authority deal will restructure the debt service schedule, returning the Ohio credit to investment-grade.

Slightly more than half of likely California voters support Proposition 13, according to a poll conducted by the Public Policy Institute of California.

The market got technically stronger and the new-issue calendar builds.

Although not perfect, this is the type of deal that members of Congress envisioned when authoring PROMESA.

House Speaker Tina Kotek agreed to slow momentum on the state's cap-and-trade bill to prevent a Republican walkout.

Instead the governor intends to bond for $200 million annually to fund transportation infrastructure needs.

Luis Maizel is co-founder of LM Capital, an employee-owned minority business in California. Maizel, one of the nation’s few Mexican-born fund and income managers, says he doesn’t see a recession coming. He also looks at U.S. GDP, inflation, interest rates and credit spreads amid the uncertainty of the U.S. election and the coronavirus expansion. Chip Barnett hosts.

Gov. J.B. Pritzker unveiled a $42 billion general fund budget for fiscal 2020.

The governor tells the judge it makes no sense to commence a process aimed at approving the plan without her support.