Arvelisse Bonilla Ramos

New York, Puerto Rico, Queens

Reporter at Bloomberg News

Reporter @business | 🇵🇷 | @newmarkjschool alum ‘23 | Previously @adage @elnuevodia | @NAHJ

Articles

NYC to Vote During Heatwave as Cost, Crime Dominate Mayoral Race

5 days ago | news.bloomberglaw.com | Nacha Cattan |Arvelisse Bonilla Ramos

New Yorkers will head to the polls Tuesday as a sweltering heatwave engulfs the city, and with tightened security in place after the US unleashed airstrikes on Iran. Despite a robust turnout of early voters in the Democratic primary for mayor, with numbers roughly doubling from four years ago, most residents will still cast their ballot on election day.
NYC to Vote During Heatwave as Cost, Crime Dominate Mayoral Race

5 days ago | bloomberg.com | Nacha Cattan |Arvelisse Bonilla Ramos

The Art and Design High School during early voting for New York City’s Democratic primary for mayor. (Bloomberg) -- New Yorkers will head to the polls Tuesday as a sweltering heatwave engulfs the city, and with tightened security in place after the US unleashed airstrikes on Iran. Despite a robust turnout of early voters in the Democratic primary for mayor, with numbers roughly doubling from four years ago, most residents will still cast their ballot on election day.
JPMorgan Lifts 2025 Muni-Bond Sales Forecast to $560 Billion

2 weeks ago | bloomberg.com | Arvelisse Bonilla Ramos

Road work signage in Los Angeles in 2024. (Bloomberg) -- JPMorgan Chase & Co. raised its forecast for 2025 municipal bond issuance by 14% as state and local governments step up borrowing efforts. The bank’s muni strategists led by Peter DeGroot lifted their full-year issuance prediction to $560 billion from $490 billion, according to a research report published Friday.
Chicago boosts bond sale to $698 million with high yield at 5.6%

3 weeks ago | chicagobusiness.com | Arvelisse Bonilla Ramos

Chicago sold $698 million of general obligation bonds Wednesday with tax-exempt securities priced to yield as much as 5.6%. Coupons on the bonds ranged from 5% to 6%, according to data compiled by Bloomberg. “The coupons are attractive, the yields are attractive,” said Dennis Derby, a portfolio manager for Allspring Global Investments, in an interview Wednesday before the pricing was final.
Chicago Boosts Bond Sale to $698 Million With High Yield at 5.6%

3 weeks ago | bloomberg.com | Arvelisse Bonilla Ramos

(Bloomberg) -- Chicago sold $698 million of general obligation bonds Wednesday with tax-exempt securities priced to yield as much as 5.6%. Coupons on the bonds ranged from 5% to 6%, according to data compiled by Bloomberg. “The coupons are attractive, the yields are attractive,” said Dennis Derby, a portfolio manager for Allspring Global Investments, in an interview Wednesday before the pricing was final.
Palm Beach Housing Crunch Spurs $236 Million Muni Deal for Dorms

3 weeks ago | news.bloomberglaw.com | Arvelisse Bonilla Ramos

Student housing is so tight at Palm Beach Atlantic University that some applicants have chosen not to enroll. A $235.8 million high-yield bond deal is the school’s bet to reverse that trend. Palm Beach County will issue the muni bonds on behalf of an arm of Provident Resources Group, an organization that specializes in student housing. Proceeds of the debt will finance the construction of roughly 275 housing units with 990 beds at the Christian college in West Palm Beach, Florida.
Palm Beach Housing Crunch Spurs $236 Million Muni Deal for Dorms

3 weeks ago | bloomberg.com | Arvelisse Bonilla Ramos

A rendering of a residential building to be built at Palm Beach Atlantic University. (Bloomberg) -- Student housing is so tight at Palm Beach Atlantic University that some applicants have chosen not to enroll. A $235.8 million high-yield bond deal is the school’s bet to reverse that trend. Palm Beach County will issue the muni bonds on behalf of an arm of Provident Resources Group, an organization that specializes in student housing.
Emory Floats $1 Billion Bond Sale for Campus, Hospital Projects

4 weeks ago | news.bloombergtax.com | Arvelisse Bonilla Ramos |Aashna Shah

Emory University is considering borrowing more than $1 billion of municipal debt to finance projects for its campus and hospital system. The bond sale for the Atlanta-based private institution is expected in mid-June and will be managed by an underwriting group led by RBC Capital Markets, according to a securities filing that outlined the potential borrowing plan.
Emory Floats $1 Billion Bond Sale for Campus, Hospital Projects

4 weeks ago | bloomberg.com | Arvelisse Bonilla Ramos |Aashna Shah

Emory University Hospital in Atlanta, Georgia. (Bloomberg) -- Emory University is considering borrowing more than $1 billion of municipal debt to finance projects for its campus and hospital system. The bond sale for the Atlanta-based private institution is expected in mid-June and will be managed by an underwriting group led by RBC Capital Markets, according to a securities filing that outlined the potential borrowing plan.
Illinois Cuts Revenue Outlook on Economic, Federal-Funding Woes

1 month ago | news.bloomberglaw.com | Arvelisse Bonilla Ramos

Illinois slashed its revenue forecast for the coming fiscal year by about $500 million, citing questions around the economic outlook and policies of President Donald Trump that could reduce federal funding. In a report this week, the governor’s Office of Management and Budget said it expects $54.9 billion in revenue in the 2026 fiscal year starting July 1, some 1% below the roughly $55.5 billion forecast in the spending plan submitted in February.