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The Los Angeles-based fund manager has expanded into debt financing to offer affordable housing developer clients a lower cost of capital.
March 21
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A $150 million housing bonds with a taxable component is anticipated for May and $110 million higher education student loan bonds are also anticipated for that month.
March 13
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The BDA met last week ahead of the House Ways and Means launching talks on what the reconciliation tax package may include.
March 11
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State Treasuer Brad Briner said he hopes a longer maximum maturity will lead more borrowers to use the state conduit instead of the Public Finance Authority.
March 11
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In 2017, the BDA hired a lobbying firm as Congress wrote a tax reform bill. This time, the group opted for a strategic communications firm.
March 10
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The $550 million deal from an issuer with two triple-A ratings includes about $250 million for refunding and an $85 million taxable piece.
March 7
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S&P Global Ratings primarily cited a "precipitous decline" in unrestricted cash to explain its triple-notch downgrade of the system.
March 4
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The $2.5 billion Brightline West and $849 million Hawaii deals stood out among the rash of issuances last month alongside the ongoing tax exemption debate.
March 3
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White Lake Township, Michigan, is facing legal action on two fronts: one of them related to the hack of its bond deal closing last year, the other a civil suit.
February 20
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Senior Vice President Tamika Reed will staff a new Montgomery, Alabama, office, and Vice President Narineh Panosian joins the firm in Los Angeles.
February 19
