The coronavirus pandemic, budgetary strains, civil unrest, and stay-at-home mandates have dramatically altered the landscape for our nation’s cities. This multi-platform series from The Bond Buyer examines this in four parts, each segment focusing on a different aspect of how life in and the finances of America’s cities could be altered.
Issuance will "not completely disappear, but will adjust to its seasonal norm from the record-breaking pace of the past several months," said Barclays' Mikhail Foux.
Moody's believes Florida will sell bonds to help replenish the CAT fund this spring.
The Payson Town Council rescinded its approval for $70 million of bonds targeted by a lawsuit filed in September.
Fitch Ratings ranks the credit as AA, up from AA-minus.
The increase in the muni market's size, number of novel credits and retail investors suggest it's "finally time" for direct SEC regulation, argue market veterans Kent Hiteshew and David Dubrow.
Observers say the decision may be a credit positive for the financially struggling utility
