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The two-notch lowering to A-minus precedes the transit agency's planned $258 million negotiated sale of transportation revenue refunding green bonds.
October 26 -
Municipals held firm Friday as the market gets set for another week of hefty supply. Citi anticipates $550 billion in 2021, led by surge in taxable issuance.
October 23 -
Officials from New York's MTA and the Long Island village are working on a project to build in what is now a commuter train station parking lot.
October 23 -
New York MTA inspector general rails at lax contractor evaluations
October 14 -
Annual debt service could spike to $4 billion by 2024, or up 55% since 2019, making up 24% of the agency's total revenues, Thomas DiNapoli said.
October 13 -
Municipal bond issuers are coming market at a 26.2% faster pace than they were at this point last year.
October 8 -
The transit authority, reeling from the effects of the coronavirus, takes another hit from Wall Street.
October 6 -
In a federal complaint, they accuse the fund manager of increasing risky bets while the market was imploding from the coronavirus pandemic.
September 30 -
A project to bring train service to LaGuardia Airport is closer to breaking ground despite the fiscal headwinds created by the COVID-19 pandemic.
September 25 -
Pledging the payroll mobility tax would get the authority a lower Municipal Liquidity Facility interest rate, board member Lawrence Schwartz said.
September 24