The company has the option to defer interest payments three times without triggering a formal default.
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Palomar Health's bond rating remains stuck at junk, but UCSD partnership offers a glimmer of hope.
8h ago
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A looming government shutdown marks an uncertain future for the country as economists and muni leaders point to the positive effects of stubborn inflation on state tax revenues.
9h ago
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Indiana Public Finance Director Dan Huge will retire effective Jan. 2, capping off a long career of public service for the state.
9h ago
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"Once this week is done, that's it for the year. The following week is Christmas, and then after that, the new year," said Jeff Timlin, a partner at Sage Advisory.
7h ago
Democratic Sens. Chris Van Hollen from Maryland and John Fetterman from Pennsylvania are reintroducing a bill to aid the public transit sector, a funding reduction target under Trump's administration.
It is one of several P3-related recommendations the board made to Transportation Secretary Sean Duffy.
The Trump administration officially rolled out an Executive Order laying out federal policy on Artificial Intelligence which cements fears from states worried about the loss of broadband funding tied to the Bipartisan Infrastructure Law.
Photos from The Bond Buyer's 2025 California Public Finance conference.
The steady demand for municipal bonds in high-risk areas underscores the complex relationship between climate change and financial markets.
Oppenheimer's Head of Public Finance Beth Coolidge and Columbus Auditor Megan Kilgore delve into the future of public finance and human infrastructure on a wide range of topics, from affordable housing and workforce development to public health, climate resiliency, and digital access.
As extreme weather events occur with more frequency across the country, Michael Gaughan, executive director of the Vermont Bond Bank, says municipal bond banks can help smaller communities deal with the effects of them. Gaughan speaks with The Bond Buyer's Lynne Funk on the effects of climate change and how the various levels of government can work together to address it.
A review Moody's launched in September ended with rating downgrades and negative outlooks for the city's outstanding general obligation and revenue bonds.
After terminating the project in September, the council approved an initial deal with a new contractor team to develop design and construction options.
The Texas city could revisit plans for a desalination project to boost its dwindling water supply with the city council scheduled to consider it next week.
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Three casinos are betting billions of dollars on the New York City market. The state is hoping to cash in, too.
7h ago
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Dallas and police and fire pension officials approved a funding agreement that ends litigation filed by the retirement system last year.
December 16
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"We are excited to welcome these eight outstanding lawyers to our partnership," Bracewell Managing Partner Gregory M. Bopp said.
December 16
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Software as a service platform Adaje has acquired bond structuring software provider Munex and hired 25-year muni veteran Jon Sidman as its chief product officer.
December 16
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Property taxation is being targeted in a growing movement across the nation for cuts or elimination to address homeowner angst over rising tax bills.
December 16
