Speculative grade bonds

The company has completed construction contract negotiations, which a bondholder said provides cost certainty and allows the company to focus on raising full financing.

If CMS finalizes the rule, "many freestanding proton centers across 11 states would be in immediate jeopardy of being financially unsustainable," the National Association of Proton Therapy said.

The high-yield muni fund's collapse in 2025 showed the dangers of investing in a market where liquidity is famously limited.

Moody's Ratings cited the increasing likelihood the federal government won't continue leasing the current Washington, D.C., headquarters for NASA.

"Assured has signaled that it's willing to engage in this process not like a traditional insurer but rather more akin to a value-maximizing market participant," an analyst said.

The move underscores a growing sense of urgency from Fortress Investment Group-backed Brightline to address its $5.5 billion of obligations.

First Eagle has become a major player in the high-yield muni space in the last two years.

The island's budget director said the government should turn to money connected with a Jeffrey Epstein settlement to have enough money to finish the remaining six weeks of the fiscal year.

Brightline West bondholders agreed to give Brightline more time to secure a $400 million equity contribution that was originally due on March 31.

Senior bondholders will take a nearly 70% haircut.

A student housing facility in Orlando seems to be struggling financially while one in Tampa seems to be prospering.

The demand has its limits, however.

The deal was too highly leveraged for some investors.

Brightline Florida now has until Friday to make the payments, negotiate another extension, or restructure its $5.5 billion of debt.

The value of the Florida cancer treatment center and the mortgaged property is unlikely to cover the bond debt, the trustee said.

"It behooves everybody to get something consensual," said a Florida bankruptcy attorney.

Private Milliken University in Illinois is sweetening its upcoming bond deal by adding a student apartment complex to increase investor protections. 

The U.S. Department of Housing and Urban Development is suspending between $1 billion and $2 billion of aid approved.

Despite some struggling projects, student housing P3 deals that hit the primary market this year have enjoyed oversubscribed demand.

The grace periods are getting shorter.