Public finance

Attorney Lori Lightfoot will become the city's first African American woman mayor when she takes office on May 20.

The board acknowledged Puerto Rico is in compliance with the fiscal 2019 budget, even as it wrangles with the local government over next year's plan.

The Florida Development Finance Corp.’s $1.75 billion bonds for the Virgin Trains USA passenger rail project found $4B of suitors.

As the concept moves into implementation, variables range from toll pricing to the MTA's use of capital funds.

Howard Cure of Evercore Wealth Management and Maria Doulis of the Citizens Budget Commission explore the city's proposed $92 billion operating budget and $104 billion capital plan. Paul Burton hosts.

All of Hilliard’s municipal advisors and associates agreed to join Baird, expanding its presence in the public finance sector.

The growth in public-private partnerships increases the need to coordinate the infrastructure and public finance teams.

It's the first such deal in four years for the authority.

The municipal bond market is facing $100 billion of municipal bond redemptions and implied reinvestments.

City officials say their citizens' buy-in will lead them to success in a sector where other municipalities struggled in competition with corporate providers.

Green bonds and sustainable offerings are on tap this week as several sales are set to hit the market. Buyers are expected to snap up the paper that aims to fund clean water, school and housing initiatives.

Puerto Rico governor signs measure for shift to renewable energy.

Municipal bond volume will fall to $5.5 billion in the upcoming week, with green deals from Illinois and Arizona.

The Illinois Finance Authority takes retail orders Tuesday on the $450 million SRF deal before pricing Wednesday.

After two months of gains from 2018 levels, municipal issuance sank 7% from March last year as the loss of advance refundings continues to take a toll.

The massive New Jersey and New York agency announced a new underwriting pool for its plans to issue $8 billion of bonds over the next three years.

In the week ended March 28, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.87% from 3.96% the previous week.

If the ruling holds, analysts said special revenue bonds may have to be re-evaluated based on the general credit of the issuer.

Connecticut’s GOs hit the market on Thursday as municipal buyers snapped up the last of the week’s sizeable deals.

The House Natural Resources Committee has scheduled a May 2 hearing to examine the successes and failures of PROMESA.