Author: Geoff Weitzel

Municipal Bond Credit Report: DALLAS – A Texas charter school operator plans to price what industry participants say will be the largest-ever deal for charter schools on Tuesday. International Leadership Texas will use the proceeds of the $346 million in unrated bonds to buy 13 campuses across the state. The deal, expected to close Dec.…

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Municipal Bond Credit Report: DALLAS – Arizona this week plans to lock in rates on $250.7 million of lottery revenue refunding bonds that will not be delivered for 10 months.The forward-delivery contract is an alternative to the tax-exempt advance refundings Congress eliminated in its 2017 tax legislation…. Link to Story

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Municipal Bond Credit Report: The city and county of Denver won The Bond Buyer’s 17th annual Deal of the Year award for its $2.5 billion financing on behalf of Denver International Airport. Once derided as a “field of dreams” far from downtown Denver, the airport has become one of the nation’s major airline hubs and…

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Municipal Bond Credit Report: Jersey City has settled a financial dispute with the Port Authority of New York and New Jersey, positioning the Garden State’s second-most-populous city for continued economic momentum. The city, a short train ride across the Hudson River from Manhattan, filed a more than $400 million federal lawsuit against the Port Authority…

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Municipal Bond Credit Report: WASHINGTON — Analysts have concerns about some Ohio Issuers following General Motors Company’s announcement that it would close four plants in Ohio, Michigan and Maryland as soon as March 2019…. Link to Story

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Municipal Bond Credit Report: All Aboard Florida’s Brightline is laying the groundwork to offer passenger train service from Orlando to Tampa.Brightline, which will be rebranded as Virgin Trains next year, received approval Wednesday from the Florida Department of Transportation and the Central Florida Expressway Authority to negotiate leasing the rights of way it needs to…

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Municipal Bond Credit Report: LOS ANGELES — Oxnard, California, officials call a recent water and wastewater refunding deal a success with investors, overcoming years of local turmoil that included a voter-approved reversal of a rate increase and an unsuccessful recall effort targeting the mayor and city council members…. Link to Story

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Municipal Bond Credit Report: Providence is better positioned than Trenton to improve its credit quality, according to a Moody’s Investors Service commentary that compared the capitals of Rhode Island and New Jersey. Moody’s rates both cities Baa1 with stable outlooks. … Link to Story

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Municipal Bond Credit Report: Victorville, California, is about to become current on payments for bonds that left a seven-year trail of defaults and forced the city to settle a bond fraud case brought by the Securities and Exchange Commission…. Link to Story

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