Sell side

The firm, recapitalized in April, is building out its municipal market presence.

It is critical that financial players start to pay very close attention and start reviewing their documents.

Dave Brayshaw, a 26-year veteran with Hilltop Securities/First Southwest Co., will open a Dallas office for Masterson Advisors.

The muni market is lined up for just two deals $100 million or larger before the holiday.

Sycamore Advisors taps muni veterans Dominick Setari and Chris Valentino to help build its Northeast muni business.

The muni market was weaker again Friday, as yields followed Treasurys higher after government data showed strong job growth.

The $33.4 billion of issuance — the second-biggest monthly total of the year — did little to raise hopes for a fourth-quarter resurgence.

Moody's Investors Service upgraded LAX ahead of the deal, bringing the subordinate bonds to the AA-minus level across the board.

The Massachusetts Housing Finance Agency priced a $79 million refunding sale of Series 2018C taxable housing bonds.

The municipal bond industry has been following the rest of Wall Street down the path to a cold world of statistics driven by algorithms and various formulas to try to perfect an imperfect product.

Municipal bond volume is set to rise in the last week of October.

The $850 million sale of special tax obligation bonds drew a record $478 million of retail orders, said state Treasurer Denise Nappier.

Municipal bond pros say the industry has adapted to an insurance industry one-tenth its former size. Part 3 of The Bond Buyer's series on the decade after the financial crisis.

Financial institutions and other businesses with ties to the kingdom would face a ban on doing business with Chicago under a proposed ordinance.

While S&P, Moody's and Fitch still provide ratings on about 92% of municipal bonds, market participants say they don’t rely on the rating agencies as they once did. Part 2 of The Bond Buyer’s series on the decade after the financial crisis.

Funding a major capital program increasingly with debt is a big challenge, said finance director Robert Foran.

Veteran Florida bankers Matthew Sansbury and Alex Bugallo joined the firm’s public finance division as managing directors.

Pension obligation bonds won't be in the mayor's budget plan, and rising rates are making it harder for a deal to pencil out.

After seeing yields rise in recent days to close out the week, the muni market will see under $5 billion in the upcoming holiday-shortened week.

After three quarters, only Morgan Stanley and Jefferies have increased par amount underwritten from last year.