Muni Lowdown: Lights! Camera! Action!

Debtwire Municipals reporter Caitlin Devitt looks at an Illinois lawsuit seeking to void USD 14.3bn of the state’s general obligation bonds that was filed too late, failed to name bondholders as a party, and misreads the Constitution, the state argued in a 14 February brief filed with the state appellate court. Debtwire's Maria Amante discusses the USD 100m debt issuance to fund the Academy of Motion Picture Arts and Sciences museum in Los Angeles which is leaving some market participants cynical about the project’s essentiality given the use of tax-exempt financing. Finally, San Juan-based Debtwire’s Eva Llorens looks at the latest that’s been going on in Puerto Rico last week. Yong Lim, the Debtwire Municipals desk editor, is the moderator of the podcast. The Muni Lowdown is a weekly podcast recapping the previous week's significant news developments in the municipal bond market. For comments or questions contact [email protected]