When one college closes, others can gain.
Muni-bond sales have hit $183 billion so far in 2024.
A supply and demand problem has emerged: There are too many colleges and not enough students.
He said his company will pay whatever the rate is.
There is a risk the securities could result in investor losses, the regulator said.
The Texas capital was accustomed to good news. But as tech cools, the tide was bound to turn.
The New York-based firm has repeatedly said that it doesn't boycott the energy industry.
Raymond James has been on a hiring spree for its public finance division for years.
Investors piled into the bond sale despite the university's recent controversies.
The university is planning to sell as much as $750 million of taxable fixed-rate bonds.
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