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The deal comes after months of disagreements over ballooning costs for the project, which was first announced in 2018.
May 8 -
Lawmakers in Illinois have proposed legislation to consolidate the Chicago Transit Authority, Metra, Pace and the Regional Transportation Authority.
May 8 -
"It'll be very interesting to see when an event happens or the market get sloppy, what the secondary market does," said a sellside panelist at a Bond Buyer market outlook panel in Florida.
May 7 -
Hawaii Gov. Josh Green's last-minute attempt to resuscitate a bill that would have allowed Hawaii Electric Co. to issue debt, backed by a rate increase, failed.
May 3 -
Strong and growing sales tax revenues support the bonds. Repayment isn't tied to ridership, which has declined.
May 2 -
Polk County, Iowa is issuing $113 million of general obligation capital loan notes, Series 2024A, for the Des Moines Airport Authority's new terminal project.
May 1 -
The bill would authorize $105 billion in appropriations through 2028 but still faces a few hurdles in Congress.
April 30 -
The Virginia Resources Authority and the Virginia Housing Development Authority have deals on tap while gilt-edged Delaware is selling its GO debt.
April 29 -
With billions of federal funding available from the Infrastructure Investment and Jobs Act, one observer says it could be limiting the amount of municipal bonds issued by the sector.
April 26 -
Teague, most recently an executive director of the municipal securities department at Morgan Stanley, will focus on surface transportation.
April 26