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Surplus toll road revenues will fund preliminary engineering studies on a potential rapid rail segment in north central Texas.
September 1 -
Kenneth D. Gibbs, president of the municipal securities group at Jefferies LLC, plans to leave the firm at the end of the year and take over leadership of the Maimonides Medical Center in Brooklyn.
August 31 -
Washington State is racking up court-imposed penalties approaching $2 million, a positive for the credits of school districts in the state, Moody's Investors Service said this week.
August 28 -
State lawmakers have authorized more than $8 billion of new road bonds in 2015, with billions more of new revenues up to the voters in fall elections.
August 28 -
Kym Arnone, the current chair of the Municipal Securities Rulemaking Board, has left Barclays Capital, according to a company spokesperson.
August 28 -
The National Association of Bond Lawyers has updated its bankruptcy guide for members with new information drawn from the relatively high number of municipal bankruptcy filings in the last few years.
August 27 - Washington
Standard & Poor's has affirmed its A-plus rating for Washougal, Wash. water and sewer revenue bonds ahead of a $10.8 million deal.
August 27 -
Transportation advocates target 16 members of key House committees with radio ads for multiyear highway and transit funding.
August 27 -
The 60 Plus Association announced on Thursday that it is forming a coalition of small holders of Puerto Rico bonds that will push for the creation of a financial control board and oppose bankruptcy legislation for the territory.
August 27 - Texas
The oil and gas industry is pressing Congress to permit exports of crude as prices remain at the lowest since the 2008 global financial crisis. The campaign comes as Houston and other energy dependent credits face growing pain from the falling prices, according to Fitch Ratings.
August 26