The Deal of the Year awards, presented Wednesday, recognize innovation in municipal finance and this year’s nominees had to deal with the COVID-19 pandemic in addition to other challenges.
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The former Goldman Sachs and Wells Fargo banker will seek to expand the firm's structured finance products.
The Central Ohio Transit Authority's half-cent sales tax increase will back up to $500 million of revenue bonds.
Voters approved at least 168 local school bond measures for $42.8 billion, according to preliminary tallies, but dozens of bond requests will fall short.
Nashville, Tennessee, voters approved a $2 billion bond measure, while Lancaster County, South Carolina, and Cary, North Carolina, opposed the bond referendums.
Despite the post-election selloff, inflows continued this week as LSEG Lipper reported investors added $1.263 billion to municipal bond mutual funds for the week ending Wednesday, compared to $658.5 million of inflows the prior week. High-yield inflows returned.
The turnpike plans to sell $1 billion of revenue bonds in 2025's first quarter to continue funding for an expansion project now estimated to cost $8.2 billion.
