Joe Mysak

New York

Editor at Bloomberg Businessweek

Covered muni bonds for 43 years. Retired. Opinions my own.

Articles

NY’s JFK Airport Taps Munis for $1.5 Billion to Revamp Terminal

Jun 11, 2024 | finance.yahoo.com | Joe Mysak

(Bloomberg) -- John F. Kennedy International Airport is seeking funds to help it build its New Terminal One, making it the latest facility to tap investors amid an airport bond boom.
Stadium Bond Sales Revive as Minor League Baseball Shuffles Deck

Jun 4, 2024 | finance.yahoo.com | Joe Mysak

(Bloomberg) -- The new look of US minor-league baseball took a curtain-call last week as Spartanburg, South Carolina, sold bonds to build a stadium for the Hub City Spartanburgers, a Low-A level affiliate of the Texas Rangers.
Cubs Affiliate Expands Ballpark on Minor League Baseball Rebound

May 17, 2024 | finance.yahoo.com | Joe Mysak

(Bloomberg) -- South Bend, Indiana, is typically synonymous with Notre Dame football. But next week, baseball grabs the spotlight as the South Bend Redevelopment Authority sells $41.7 million in lease rental bonds to refurbish the Four Winds Field at Coveleski Stadium, home of the Chicago Cubs’ High-A affiliate.
Muni mega deals set to smash record on lower rates, higher costs

May 9, 2024 | chicagobusiness.com | Joe Mysak

States and municipalities are demonstrating an explosive demand for debt two years after the Fed first suppressed bond sales with a series of 11 interest rate increases. Nowhere is this more evident than in the number of bond sales of $1 billion or more, long a rarity in municipals. There have been 22 so far this year, putting the market on pace to smash the previous annual record of 26 set in all of 2020, according to data compiled by Bloomberg.
Muni Mega Deals Set to Smash Record on Lower Rates, Higher Costs

May 9, 2024 | finance.yahoo.com | Joe Mysak

(Bloomberg) -- States and municipalities are demonstrating an explosive demand for debt two years after the Fed first suppressed bond sales with a series of 11 interest rate increases.
Muni Bond Sales Soar as Issuer Needs Exceed Worry on Fed

May 1, 2024 | finance.yahoo.com | Joe Mysak

(Bloomberg) -- States and municipalities sold $142.8 billion in long-term municipal bonds during the first four months of 2024, the most in almost a decade, as the need to borrow outweighed concerns over higher interest rates that afflicted investors in the market.
Savannah Convention Center Gets Boost to Bond Capacity for Hotel

Apr 9, 2024 | finance.yahoo.com | Joe Mysak

(Bloomberg) -- The Savannah-Georgia Convention Center Authority, just wrapping up a $276 million expansion, is now set to tap the municipal market to finance a new hotel, thanks to legislators’ move to boost the agency’s bonding capacity.
Princeton Investment Chief Gets ‘Sparky’ Adieu in Mega Bond Sale

Feb 26, 2024 | finance.yahoo.com | Joe Mysak |Janet Lorin

(Bloomberg) -- Princeton University’s renowned investment chief received an unusual send-off buried within the school’s bond documents ahead of his June retirement.
Colorado ski town sells housing bonds in bid to retain teachers

Feb 21, 2024 | sfgate.com | Joe Mysak

ATTN: Sports editors21 February 2024(Bloomberg) -- Telluride, a ski resort destination in Colorado, is the first vacation town to sell municipal bonds for affordable housing this year. It likely won’t be the last. The reason for last week’s sale is immediately apparent by typing “Homes for Sale Telluride Colorado” in an Internet browser. The websites that appear show that anyone wanting to buy a house there will need millions of dollars, maybe tens of millions.
Colorado Ski Town Sells Housing Bonds in Bid to Retain Teachers

Feb 21, 2024 | news.bloomberglaw.com | Joe Mysak

Telluride, a ski resort destination in Colorado, is the first vacation town to sell municipal bonds for affordable housing this year. It likely won’t be the last. The reason for last week’s sale is immediately apparent by typing “Homes for Sale Telluride Colorado” in an Internet browser. The websites that appear show that anyone wanting to buy a house there will need millions of dollars, maybe tens of millions.