Speculative grade bonds

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.

The city of Clyde defaulted in August and recently revealed it used debt proceeds for debt payments in a manner that "disguised the deficit cash flow."

The governor says borrowing $50 million is "imperative" but the senate majority leader says "continuing to borrow is not the answer."

The bonds will fund infrastructure in one of 21 community development districts that have built the age-restricted 55-and-up Villages to more than 76,000 homes.

The borrower has missed the last five interest payments on the grant-backed bonds.