UC Regents proceeds with BABs redemption despite threatened lawsuit

The Regents of the University of California plans to officially close its deal that redeems outstanding Build America Bonds via an extraordinary redemption provision despite the threat of an investor lawsuit.

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Registration is open for The Bond Buyer?Texas Public Finance conference?in Austin in April.

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During a 35-year career climbing from a trading desk to Oppenheimer & Co. Inc's head of public finance, Elizabeth Coolidge has seen, and helped foster, an improved atmosphere for women across the public finance industry.

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Register for The Bond Buyer's new?Southeast Public Finance?conference coming May 6-7 in Hollywood, Florida.

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Gov. Spencer Cox wrapped up action on hundreds of bills passed by lawmakers, including measures to boost or limit bond issuance and potentially put some outstanding debt at risk.

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Read the newest?research from The Bond Buyer?detailing the public finance industry’s views of the risks and opportunities in 2024.

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Moody's Ratings raised Detroit's issuer and general obligation unlimited tax bond ratings to Baa2 from Ba1, a major milestone for the city, which has waited 15 years to return to investment-grade status.

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A massive new-issue slate was the focus Tuesday, with investors digesting three large general obligation deals out of California, New York City and Washington, amid lighter but slightly weaker secondary trading.