Revenue bonds

The state has tapped JP Morgan and Wells Fargo as managers of the deal.

The potential federal funding "offers the best opportunity to begin to pay bond debt," the museum's CEO told bondholders.

The funds will go through State Drinking Water and Clean Water Revolving Funds, which states often use together with municipal bonds to finance projects.

The Turnpike Authority of Kentucky approved a resolution authorizing the issuance of up to $250 million of economic development road revenue refunding bonds.

The deal may represent a measuring stick for triple-A benchmark yields amid market volatility.

The court is considering whether the original PREPA trust agreement gave bondholders a lien on all revenues, which they argue should extend beyond the debt restructuring, or only on the money the authority deposited in its reserve fund.

As ridership remains low, investors are closely watching for new funding streams and credits like the MTA's planned congestion tax-backed bonds.

Sioux Falls, South Dakota, has put out a request for competitive sealed proposals from financial advisory firms as it gears up for capital projects.

The D.C.-area agency, unique among mass transit systems in that it has no dedicated operating funding, faces the same challenges as other transit agencies: fewer riders and federal support.

The negative outlook on the Phoenix-based university's Ba1 rating is due in part to its battle with federal regulators, including the U.S. Department of Education, which it sued in 2021.

The Alameda Corridor Transportation Authority announced a tender offer as part of a restructuring plan that could culminate in $1.36 billion of bonds.

The state of Illinois is preparing to issue $600 million in new Build Illinois junior sales tax revenue bonds next week.

A new proposal would establish a fund for maintenance while precluding new bond issuance.

The climate rule aimed at cutting transportation-related greenhouse gas emissions will restrict investment in certain projects, said the states.

Fitch Ratings upgraded the Riverside County Interstate 15 managed lane project two notches, affecting $152.2 million in debt.

The proposed pipeline, which dates back to 2006, would transport Colorado River water from the Lake Powell reservoir to the southwest corner of Utah.

The Water Infrastructure Financing Authority will use information it received from banks, businesses, conservation groups, and others to solicit water augmentation projects next year.

The county plans to sell $2.5 billion of tax-exempt sewer revenue warrants to refund the debt issued to finance its 2013 exit from Chapter 9 bankruptcy.

SIFMA, which also filed a brief, said the District Court judge's rejection of a bondholder lien on PREPA's revenues "grossly misreads the underlying bond documents."

Cities and states are eligible to apply for the program, which gives eligible solar and wind facilities in low-income areas increased investment tax credits of 10% or 20%.