Michael Doweary is the state-appointed receiver for Chester, Pennsylvania. Chester, Pennsylvania, is broke, its state-appointed receiver says. This fact is just not in dispute. Chester is one among the one…
The value guidance range has been lowered for a second time for the most recent catastrophe bond to be sponsored by Prologis, Inc., the logistics, warehousing and supply-chain focused real…
Broward County, Florida’s Tourism Development Tax, sales tax, and Skilled Sports Facilities tax and revenue refunding bonds were upgraded by Moody’s Rankings, affecting about $628 million in bonds. Moody’s upgraded…
Analysts within the J.P. Morgan European equity research team have said that if hurricane Milton’s industry impact is available in between $20 billion and $40 billion, they “don’t see Milton…
Municipals were little modified Friday ahead of one other robust new-issue week while U.S. Treasuries made some gains and equities closed within the black. “Strong September employment numbers and a…
Highlighting the still wide-range of uncertainty in insurance market loss estimates after hurricane Milton, catastrophe bond investment manager Icosa Investments AG has noted that the cat bond market seems to…
Hyman Grossman, former head of public finance at S&P and longtime industry veteran known for expanding S&P’s public finance analytics team from its early days into the large it now’s,…
To this point, based on evaluation of the catastrophe bonds within the UCITS structure which have priced their net asset value (NAV) since hurricane Milton struck Florida, the typical mark-down…
A stalwart municipal market veteran, devoted friend, and beloved husband and father, George C. Mulry III, a managing director in public finance marketing at Assured Guaranty, died on Oct. 9….
Municipals were firmer Wednesday as muni mutual funds saw inflows top $2 billion and Pennsylvania led the new-issue calendar with $1.6 million of general obligation bonds in three series. U.S….