Muni Market's Record Year for Mega Deals Gives Bankers a Win [Yahoo! Finance]
Bank of America Corporation (BAC)
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Source: Yahoo! Finance
New York City's Historic Preservation Movement Is Having a Midlife Crisis NYPD Car Chases Are Becoming More Frequent — and More Dangerous Reviving a Little-Known Modernist Landmark in Buffalo Dakar's Air Quality Plummets as Saharan Dust Descends on Senegal There have been a record of more than 60 outsized muni-bond sales $1 billion or more in 2024, according to data compiled by Bloomberg. The issuance has amounted to above $90 billion, the data shows. State and local governments rushed to raise huge sums of money as pandemic relief dwindled and inflation remained sticky, forcing them to sell debt for big infrastructure projects. “It is a business opportunity for us and if our clients are going to be looking to bring larger deals and more deals at scale, that tends to benefit the more diversified, larger players,” said Matthew McQueen, who leads global municipal banking and markets for Bank of America Corp., the top-ranked underwriter of US state and local debt. Bankers fr
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- 12/20/24 - Form 424B2
- 12/20/24 - Form 424B2
- 12/20/24 - Form 424B2
- BAC's page on the SEC website