Category: New York State
NYC Congestion Pricing Closer To Reality With Biden Admin Seeking Less Rigorous Environmental Review
March 30, 2021 – The Biden Administration, via the U.S. Department of Transportation, requested the Metropolitan Transit Authority (MTA) submits…
Moody’s: Schools Reopening Is Credit Positive for New York State, City and MTA. But Gains Could Be “Short-Lived”.
August 20, 2020 – In a note issued last week, Moody’s Investor Service opined that reopened schools would be credit…
Amid $61 Billion of Projected Revenue Declines, the Empire State Preps $3.5 Billion Cashflow Borrowing
June 9, 2020 – New York State kicked off pre-marketing today for a $3.4 billion Revenue Anticipation Notes (RANs), issued…
Opinion: New York’s Large Bond Issuers Must Do More To Elevate Black-Owned Public Finance Firms
June 5, 2020 – All things considered, the $4 trillion U.S. municipal bond market has been welcoming of Black-owned public…
Fed Expands Municipal Liquidity Facility (MLF); New York’s MTA Seen As Notable Beneficiary
June 3, 2020 – The Federal Reserve Board announced an expansion in the number and type of entities eligible to…
Dem-Sponsored “HEROES” Act Would Favor California, Not So Much New York.
May 20, 2020 – The Democratic-controlled House of Representatives passed the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act…
Fitch Revised New York State “Outlook” to “Negative”. Says State May Need To Tap $10B Short-Term Liquidity.
April 11, 2020 – Fitch Ratings revised its outlook on New York State from “Stable” to “Negative” on Friday. This…
Breaking: Moody’s Revised New York State Outlook to “Negative”
April 1, 2020 – In a move not unexpected to municipal market participants, Moody’s revised its outlook for New York…
New York Poised To Ban Cigarette Sales; Tobacco Bonds In Jeopardy
March 28, 2020 – Based on two separate articles published today and on March 27, the Buffalo Chronicle reported that…
BofA Tops NY League Table. Wells Fargo Shut Out – Head of Public Finance Seconded To Bill Daley’s Government Affairs “A-Team”
December 23, 2019 – Based on Thomson Reuters data released this morning, BofA Securities retained its traditional lead atop the…
