Sen. John Cornyn, R-Texas, in 2017 led the charge to save tax-exempt private activity bonds that had been axed in an early House draft of the Tax Cuts and Jobs Act. Al Drago/Bloomberg House and Senate tax staff and members seemed receptive to the Bond Dealers of America’s plea to preserve the municipal bond tax

University of Louisville Hospital, which is one of the hospitals in the UofL Health system.Bloomberg News Fitch Ratings downgraded UofL Health, Inc., Kentucky’s issuer default rating and Series 2022A & 2022B revenue bonds to BBB from BBB-plus. The outlook is stable.UofL Health has $564 million in debt plus an additional $423 million in operating lease

<img src=”https://public.flourish.studio/visualisation/21507641/thumbnail” width=”100%” alt=”chart visualization” /> The muni mark took a breather Thursday, as yields were little changed, while inflows into muni mutual funds exceeded $1 billion. U.S. Treasuries were slightly weaker and equities were mixed toward the close. President Trump’s tariff threats against America’s primary trading partners could be bullish for bonds, somewhat mitigated

A new MARTA train is shown off in a special event Jan. 30 at the system’s Lindbergh station.MARTA The Metropolitan Atlanta Rapid Transit Authority is coming to market with a triple-A-rated negotiated sale of green bonds to refund issuances from 2020 and 2021 while also financing a major upgrade to its rolling stock.   “When I

<img src=”https://public.flourish.studio/visualisation/21489373/thumbnail” width=”100%” alt=”chart visualization” /> Munis were firmer Wednesday, underperforming a U.S. Treasury rally in most tenors, while equities ended up. Muni yields were bumped one to eight basis points, depending on the scale, while UST yields fell three to 10 basis points, with the greatest gains out long. Tariffs and trade negotiations have

Enjoy complimentary access to top ideas and insights — selected by our editors. The top five bond financings in the ranking came in totaled more than $6 billion, according to data from LSEG. The top 20 bonds had a total issuance volume of more than $15 billion. Scroll through to see which bond financings are

<img src=”https://public.flourish.studio/visualisation/21471238/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were slightly firmer as U.S. Treasury yields fell and equities rebounded. Muni yields were bumped up to three basis points, depending on the curve, while UST yields fell four to five basis points. The two-year municipal to UST ratio Tuesday was at 63%, the five-year at 63%, the

A Federal Railroad Administration study calls for Amtrak to double the service it offers on long-distance overnight trains like this one in New Mexico.Adobe Stock Several Southwest states are eying intercity or interstate passenger trains amid the region’s continuing population boom but their fate remains in the hand of a new administration whose support for

Adobe Stock Terie Gelberg has lived at the Harborside, a retirement community on Long Island’s North Shore, for almost two decades. It was supposed to be the last home for the 99-year-old wheelchair user with memory issues, but plans to sell the bankrupt municipal bond financed facility to a private equity firm threaten to upend her