Public finance

The Windy City is looking to add even more savings to a $1.3 billion debt refinancing with a tender invitation for some of its older, higher-yielding bonds. “The tender is just gravy,” City CFO Jennie Huang Bennett said last week.

Attendees at The Bond Buyer’s Deal of the Year ceremony look ahead to the new year and discuss what they feel will be the biggest stories of 2020.

Attendees at The Bond Buyer’s Deal of the Year ceremony talk about what issues they think had the biggest impact in municipal finance last year.

The bondholders appeal to the U.S. First Circuit Court in Boston.

Demand for municipal bonds is much stronger in 2020 than it was to end 2019, illustrated by record inflows into the asset class in the latest reporting week.

The Municipal Securities Rulemaking Board's assets dropped by $8.5 million.

The last-ditch attempt to settle Preston Hollow Capital's lawsuit against Nuveen failed this week.

Paige Cognetti takes over in the aftermath of a corruption scandal and faces tough economic challenges, including an adverse ruling in a taxpayer lawsuit.

Moody's says handling electrical demand will be a challenge for the island.

The muni market saw the last issuance of the week come and go; the front end of the curve were stronger than the long-end.

Neveu works in Butler Snow’s New Orleans office and has represented different issuers while focusing on affordable housing finance.

Political support lagged strong private interest in a potential privatization deal for the St. Louis airport.

Huntington Beach approved a resolution to refinance up to $436 million of public employee pension debt with pension obligation bonds.

The governor is pushing for $3B of bonding to tackle what he called the nation’s most aggressive program for reducing risks posed by climate change.

As interest in climate change and its impact on munis have both skyrocketed, data and research providers hope to move the needle further on those issues for the muni investment world.

American Triple I Partners named Carlton Byrd as head of capital formation and investor relations.

Many investors are positioning for the late cycle, according to guest Robert Waldner Jr., CFA , chief strategist and head of macro research at Invesco. He points to the demise of the Phillips curve; the Fed thinking in "real" terms, and a gradual increase in yields on the long end. He also discusses the appeal to global clients of taxable municipals. John Hallacy hosts.

The authority is making an investor push ahead of two upcoming deals.

It's been a few weeks since the market has seen "normal" issuance, but investor demand picked up right where it left off before the holidays.

Swain allowed ERS bondholders' other lines of argument to continue.