One must be mindful of and pay close attention to obligor filings, credit spreads and, of course, rating actions whatever chair you sit in.
Ken Lind, leader of Nixon Peabody's project finance and public finance group, breaks it down by sectors and financing instruments. He also examines virus-related SEC disclosure guidance plus the planned phaseout of Libor. Paul Burton hosts. (38 minutes). Recorded Dec. 2.
New York State's short-term revenue losses, resulting from coronavirus shutdowns, won't curb enthusiam for the Empire State Development Corp.'s offering, according to market sources.
The state's largest authority pulled off a $1.23 billion issuance that included its inaugural green bonds, and it did so during the height of the coronavirus pandemic.
The LBJ Infrastructure Group, operator of managed lanes on a Dallas highway, will sell $1.2 billion of bonds through a conduit issuer.
Pinned into a corner from the economic effects of COVID-19, the mass transit agency tapped its remaining amount available through the Municipal Liquidity Facility, which expires at year's end.
Hawaii's governor announced that state employees would be furloughed two days a month; the state sold $750 million of GO bonds in October to fund operations.
COVID-19 brought the primary to a standstill in March and April. The municipal market is now set to eclipse $450 billion of issuance in 2020, a record.
-
COVID-19 brought the primary to a standstill in March and April. The municipal market is now set to eclipse $450 billion of issuance in 2020, a record.
December 10 -
Bridge funding from a lame-duck Congress could help plug operating deficits and stave off doomsday measures, agency leaders insist.
December 10 - Non-profits
Conduit issuer Trust for Cultural Resources for the City of New York will issue the $77 million green transaction.
December 10 -
A bipartisan group of eight senators on Wednesday released further details of their $908 billion framework for emergency aid, including $160 billion for state and local governments.
December 9 -
Task forces studying three proposed toll road projects failed to conclude if there is a need for the new corridors or modifications of existing roads.
December 9 -
Predictably, the rating agency cited COVID-19 effects in its downgrade to AA-minus from AA.
December 9 -
Ratings analysts see a darker outlook for higher education in 2021 as the effects of the pandemic continue to erode revenues and enrollment.
December 8