Price Director

The first piece of a general obligation bond authorization for a new Des Moines, Iowa, airport terminal is coming to market. The county is issuing $113 million of general obligation capital loan notes, Series 2024A, on behalf of the Des Moines Airport Authority. The debt will finance the design, construction and equipment of a new

While there are thousands of municipal bonds sold in the marketplace each year, some require more care and attention than others to turn into successful offerings. Some require constant refinement and retuning right up to the point of sale before it can become a successful offering for issuer, underwriter and buyer. Such was the case

Bondholders opposed to the proposed Puerto Rico Electric Power Authority plan of adjustment asked the bankruptcy judge to hear new evidence the authority will have a greater than anticipated ability to pay off its debt. The bondholders submitted their “urgent motion” to U.S. District Court Judge Laura Taylor Swain Monday evening. They are calling for

The new bipartisan bill that would provide the Federal Aviation Administration with reauthorization and $105 billion in appropriations through 2028 would also provide $19.35 billion in airport infrastructure improvement grants to fund the nation’s 3,300 airports. The 1,069 page bill is the culmination of eight hearings over the last year or more and also authorizes

Shreveport, Louisiana, voters approved $256 million of general obligation bonds Saturday. The voters approved $125 million for a streets and drainage bond, $82 million for a water and sewer bond, and $49 million for a police and fire infrastructure bond. The first two bonds passed with 80% in favor and 20% against. The last passed

For those of a certain age, a tune sung by The Happenings — See You in September — might resonate with regard to the Federal Reserve. Most analysts now expect the Fed to hold rates in a range between 5.25% and 5.50% until September, with some concern there will be no rate cuts this year.