Public finance

Citigroup got set to price the $632 million Main Street Natural Gas deal, while Goldman Sachs prepped $315 million of Emerald Renewable Diesel bonds.

Federal investigators levied a $1.6 million fine on Dannenbaum Engineering, which will reorganize under a plea deal. It has worked on bond-funded projects.

The market won't see a lot in the way of supply in this holiday-shortened week, but what there is coming to market will be of the higher-grade variety.

Sound Transit says it can continue to collect taxes approved by its own voters in 2016 until bonds it backs are repaid.

A successful closing on the unrated deal was needed to make payments on short-term notes due on Dec. 31.

The municipal market will get a pause from the breakneck issuance, as things will slow down for Thanksgiving but should pick up right where they left off the first week of December.

Separately, the island's economic activity index fell on a year-over-over basis for the fourth straight month.

In 2012 John Cross became the first person to head the independent Office of Municipal Securities at the U.S. Securities and Exchange Commission.

UBS Wealth Management Americas announced three new senior hires as it continues to expand its public finance roster as it approaches the New Year.

The upgrade reflects the city's improved operating environment and structural financial improvement, the rating agency said.

The budget was balanced without tax or fee hikes but rising uncompensated healthcare costs are expected to strain the county's finances.

NYC's November plan is up $1.6 billion, or 1.7%, from the June budget.

The repeal will help states and cities move forward with bonding and future projects, especially as spring construction season is around the corner.

Mayor Jim Kenney’s administration has implemented a series of measures to prepare for leaner times.

The last remaining deals of the week priced into a muni market that continues to perform strongly, as technical factors and drivers persist.

The motion is part of the bondholders' attack on a plan to give them 15 cents on the dollar.

The decision comes as the courts told the city it's on the hook to make up the roughly 2% shortfall in property tax collections to fully cover set payments.

The deal, issued through the California Housing Finance Agency, is the first multifamily tax-exempt deal to qualify for the GSE's Green Rewards program.

As the acceleration of green investing continues, reoccurring questions, comments and misconceptions abound.

Richard Taormina, head of Tax Aware Strategies at JPMorgan Asset Management, talks about the value of municipal bonds and focuses on performance, foreign demand and the effect of the tax reform legislation on the market. Chip Barnett hosts this podcast, which was recorded in early October.