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Officials from Nebraskas largest cities urged lawmakers not to put Goldman Sachs ahead of the common citizen by advancing a bill that would favor bondholders over pensioners in the event of a bankruptcy.
March 4 - Illinois
Municipal bond borrowing by Midwestern issuers picked up steam last year, rising by 6.9% to $63.5 billion as issuers loosened the reins a bit on new money borrowing and refundings recorded double-digit gains thanks to favorable interest rates.
February 24 -
Nebraska legislators will hold a public hearing March 3 on a bill that would give bondholders priority over retirees in the event of a bankruptcy.
February 9 - Nebraska
A proposed bill requiring Nebraska issuers to boost disclosure and stress bondholders' lack of priority over pensioners could spook national investors and drive up borrowing costs, some market participants warned state lawmakers Wednesday.
January 22 - Nebraska
A Nebraska state senator introduced a pair of bills that would either give bondholders a clear priority over pensioners in the event of a bankruptcy or force cities to advertise their lack of priority on the first page of an official statement.
January 20 - North Dakota
Midwestern voters head to the polls Tuesday to decide the fate of a handful of finance-related ballot questions and the leadership of eight states, including several where debate over fiscal pressures is taking center stage.
October 31 - Missouri
Borrowing by Midwest issuers slid 13.2% for the first half of 2014 but new-money issuance fueled by Chicago and Illinois deals helped boost new-money by 16.8%.
August 12 - Nebraska
Omaha Public Power District is bringing $110 million of subordinate-lien refunding bonds to market this week, marking the district's first deal since its nuclear plant has come back online.
July 18