Speculative grade bonds

It's the latest mark of distress for proton treatment centers financed with speculative-grade municipal bonds.

"It's an unfortunate part of doing business," said an investor.

Nonprofit Provident Resources Group is buying a five-year old student housing building that serves the University of Central Florida and Valencia College.

The deal, which marks the city's largest special facilities revenue bond issuance, will help finance a terminal project at George Bush Intercontinental Airport.

The finance team burned the midnight oil to assemble and market one of the most complex deals in the municipal market this year.

Observers say the decision may be a credit positive for the financially struggling utility

The Metropolitan College of New York wants to sell real estate in lower Manhattan as part of a deal with bondholders allowing the school to skip a debt payment

Fears of a Hawaiian Electric bankruptcy abated after a settlement was announced that would cap the utility's liability for the Maui wildfire under $2 billion.

Recent career moves are providing firms the opportunity to expand their markets.

The three new hires, two from Nuveen and one from Lord Abbett, will report directly to the fund's manager John Miller.