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Taxable muni issuance falls, but sector outperforms tax-exempts - Vimarsana News

Taxable muni issuance falls, but sector outperforms tax-exempts

Taxable municipal issuance has decreased 40.9% year-over-year, but returns so far in 2023 are outperforming tax-exempts and high-yield.

Texas committee drops appropriation for winter storm utility debt - Vimarsana News

Texas committee drops appropriation for winter storm utility debt

The state House Appropriations Committee dropped $3.86 billion from a supplemental spending bill, but its chair said the money is "still in play."

Natural gas securitization deal arrives two years after Texas winter storm - Vimarsana News

Natural gas securitization deal arrives two years after Texas winter storm

The much-delayed $3.5 billion deal has an optional limited make-whole redemption if state lawmakers appropriate funds to defray costs for natural gas customers.

Up to $3.6 billion of Texas natural gas securitization bonds to price in March - Vimarsana News

Up to $3.6 billion of Texas natural gas securitization bonds to price in March

The taxable bonds, which finally received state approval, will be offered with maturities in 2033 and 2039.

Nov. 30 pricing date eyed for $3.4B Texas natural gas securitization - Vimarsana News

Nov. 30 pricing date eyed for $3.4B Texas natural gas securitization

The deal has until the end of Friday to clear the Texas Bond Review Board, whose members had no questions about the transaction when it was presented at a Thursday meeting.