| 8/10/2016 | MU | • S&P upgrades Philadelphia gas works revenue bonds to A from A-
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| 8/8/2016 | MU | • Moody’s elevates Baldwin County Board of Education, Ala., G.O. debt to Aa2
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| 9/16/2015 | MU | New Issue: Philadelphia brings to market $191.59 million general obligation bonds
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| 9/3/2015 | MU | • Moody’s cuts Fulton County Development, Ga., 2009 Shepherd Center refunding bonds to Aa3
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| 8/28/2015 | MU | • S&P raises North Texas Tollway first-tier revenue bonds to A
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| 8/6/2015 | MU | • Moody’s ups San Diego Family Housing’s 2007 class I bonds to Aa1, II to Aa2, III to Aa3
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| 8/4/2015 | MU | New Issue: Philadelphia prices $261.79 million gas works revenue refunding bonds
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| 8/3/2015 | MU | New Issue: Philadelphia prices $175 million of short-term notes at 0.28%
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| 7/27/2015 | MU | Philadelphia preps $270.46 million sale of gas works refunding bonds
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| 7/23/2015 | MU | Philadelphia prepares $175 million tax and revenue anticipation notes
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| 7/21/2015 | MU | • Moody’s lowers Anderson, Ind., water revenue bonds to A2 from A1
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| 7/20/2015 | LMMU | Philadelphia to redeem $129.53 million of gas works revenue bonds
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| 7/13/2015 | LMMU | Philadelphia plans to redeem its series 2006 general obligation bonds
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| 6/25/2015 | MU | New Issue: Philadelphia brings to market $125.96 million of G.O. refunding bonds
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| 5/5/2015 | LMMU | Philadelphia to redeem all 2005A water and wastewater revenue bonds
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| 5/1/2015 | MU | Philadelphia prepares $176.08 million general obligation bond offering
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| 4/28/2015 | LMMU | Philadelphia defeases $47.36 million of 2007A water, wastewater bonds
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| 4/23/2015 | MU | • S&P ups Preserve at Wilderness Lake, Fla.'s 2012 special assessment refunding revs to BBB+
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| 4/17/2015 | MU | • S&P lifts Utah Transit Authority subordinate lien bonds to A+
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| 4/1/2015 | MU | Market Commentary: Municipals improve as demand is strong for new issues, Treasuries rally; California tops slate
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| 4/1/2015 | MU | New Issue: Philadelphia brings to market $417.56 million water, wastewater bonds
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| 3/25/2015 | MU | Philadelphia preps $367.4 million revenue and refunding bond offering
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| 3/20/2015 | MU | • Moody’s lowers Terra State Community College, Ohio, revenue bonds to Baa1
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| 11/24/2014 | MU | New Issue: Philadelphia sells $130 million tax and revenue anticipation notes
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| 11/6/2014 | MU | • S&P drops California Statewide’s 2008A, B Thomas Jefferson School of Law revenue bonds to D
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| 8/7/2014 | MU | • S&P ups Association of Bay Area, Calif., 2007A Windemere Ranch senior revenue bonds to A-
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| 6/16/2014 | LMMU | Philadelphia to redeem $15.54 million of 2005B water, wastewater bonds
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| 2/11/2014 | LMMU | Philadelphia defeases $142.92 million 2008B general obligation bonds
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| 1/30/2014 | MU | New Issue: Philadelphia prices $154.28 million of G.O. refunding bonds
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| 1/29/2014 | LMMU | Philadelphia defeases its 2005A water and wastewater revenue bonds
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| 1/17/2014 | MU | Philadelphia coordinates $155.48 million general obligation bond sale
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| 1/14/2014 | MU | New Issue: Philadelphia offers up $123.07 million of water and wastewater bonds
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| 1/7/2014 | MU | Philadelphia arranges $63.95 million sale of water and wastewater debt
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| 12/3/2013 | MU | New Issue: Philadelphia offers up $100 million tax and revenue anticipation notes
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| 12/3/2013 | MU | Market Commentary: Municipals close flat to weaker as week's new deals price; Foothill/Eastern deal postponed
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| 11/27/2013 | MU | Market Commentary: Municipal yields flat; Tobacco Settlement Financing preps $1.23 million revenue bonds
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| 11/25/2013 | MU | Market Commentary: Municipals a touch 'richer' in thin market activity; Jefferson County, Ala., bonds volatile
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| 11/25/2013 | MU | Philadelphia to sell $100 million tax and revenue anticipation notes
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| 8/14/2013 | MU | New Issue: Philadelphia offers up $170 million of water, wastewater revenue bonds
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| 8/6/2013 | MU | Philadelphia to offer $200 million water and wastewater revenue bonds
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| 8/6/2013 | MU | Market Commentary: Minnesota prices; Puerto Rico Electric set to bring $600 million of revenue bonds; munis flat
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| 7/25/2013 | MU | Market Commentary: Municipal yields end somewhat weaker; New York City G.O. bonds finalize at higher yields
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| 7/25/2013 | MU | New Issue: Philadelphia sells $208.36 million G.O. bonds at 0.2% to 5.23% yields
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| 7/10/2013 | MU | Philadelphia coordinates $363.77 million G.O. refunding bond offering
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| 6/25/2013 | LMMU | Philadelphia calls all $20.01 million of 1998 gas works revenue bonds
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| 4/26/2013 | MU | Market Commentary: Munis end week mostly firmer ahead of much-slower week; New Jersey, Fulton County deals ahead
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| 4/19/2013 | LMMU | Philadelphia's 2005B water and wastewater bonds have mandatory tender
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| 2/20/2013 | LMMU | Philadelphia's 2009B G.O. multi-modal bonds have mandatory tender
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| 12/13/2012 | MU | New Issue: Philadelphia brings $127 million of series 2012-13 TRANs
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| 12/4/2012 | MU | Philadelphia plans $127 million sale of TRANs for Dec. 13
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| 10/25/2012 | MU | New Issue: Philadelphia brings $70.37 million of water and wastewater bonds
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| 10/15/2012 | MU | Philadelphia readies $71.17 million sale of water and wastewater bonds
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| 10/3/2012 | LMMU | Philadelphia calls all $65.01 million water, wastewater revenue bonds
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| 9/25/2012 | LMMU | Philadelphia calls $182.5 million of water & wastewater revenue bonds
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| 8/28/2012 | LMMU | Philadelphia defeases $14.51 million of its gas works revenue bonds
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| 3/28/2012 | MU | Philadelphia to price $100 million revenue refunding bonds in April
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| 12/12/2011 | LMMU | Philadelphia refunds series 2001A, 2007A water and wastewater bonds
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| 12/9/2011 | MU | New Issue: Philadelphia sells $233.83 million airport revenue refunding bonds
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| 11/30/2011 | MU | New Issue: Philadelphia prices $173 million of TRANs due 2012 to yield 0.35%
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| 11/30/2011 | MU | Philadelphia plans $150 million of municipal bond sales in December
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| 11/30/2011 | MU | Philadelphia to sell $237 million of airport revenue refunding bonds
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| 11/30/2011 | MU | Market Commentary: Municipals close mixed as Treasuries take a beating; Puerto Rico Sales Tax brings $1 billion
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| 11/21/2011 | MU | Philadelphia to sell $173 million tax and revenue anticipation notes
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| 11/9/2011 | MU | New Issue: Philadelphia prices $184.86 million of water and wastewater revenue and refunding bonds
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| 11/9/2011 | MU | Market Commentary: Municipals rally along with Treasuries; Chicago brings $416.35 million of G.O. bonds
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| 10/21/2011 | MU | Philadelphia plans $200 million of municipal bond sales in November
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| 9/14/2011 | MU | New Issue: Philadelphia sells $88.86 million of gas works revenue refunding bonds
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| 9/14/2011 | MU | Market Commentary: Yields hold steady as new deals are warmly received; California brings $5.4 billion RANs early
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| 9/9/2011 | MU | Philadelphia plans $442 million of municipal bond sales in September
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| 8/31/2011 | MU | Philadelphia preps $82.21 million sale of gas works revenue refunding bonds
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| 8/23/2011 | LMMU | Philadelphia's eighth series gas works bonds have mandatory tender
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| 7/18/2011 | LMMU | Philadelphia's $100 million 2009B G.O. bonds have mandatory tender
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| 6/29/2011 | LMMU | Philadelphia to redeem $96.3 million gas works revenue bonds at par
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| 6/29/2011 | LMMU | Philadelphia calls portions of 1997, 2005 water and wastewater bonds
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| 5/13/2011 | LMMU | Philadelphia calls portion of series 2005C airport revenue bonds
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| 4/11/2011 | LMMU | Philadelphia to redeem $117.46 million of two series of G.O. bonds
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| 4/6/2011 | MU | New Issue: Philadelphia prices $272.23 million of general obligation bonds
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| 4/6/2011 | MU | Market Commentary: Municipals sink after gaining strength; New York City Transitional sells $650.2 million
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| 4/5/2011 | MU | Market Commentary: Muni yields weaken as supply trickles in; Denver Public Schools brings $396.24 million of COPs
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| 4/4/2011 | MU | Market Commentary: Only $2.9 billion of new-issue volume expected for week; New York Transitional prepares sale
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| 3/25/2011 | MU | Philadelphia to sell $272.23 million of G.O. bonds week of March 28
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| 3/25/2011 | MU | Market Commentary: Municipals close flat to slightly weaker; Philadelphia to sell $272.23 million of G.O. bonds
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| 2/7/2011 | LMMU | Philadelphia calls all $195.72 million series 2001 G.O. bonds at par
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| 10/26/2010 | MU | New Issue: Philadelphia sells $619.32 million airport revenue bonds
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| 10/26/2010 | MU | Market Commentary: Yields jump as billions in new bonds hit market; NYC Transitional Finance sells $830 million
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| 10/20/2010 | MU | Philadelphia preps $619.32 million sale of airport revenue bonds
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| 10/20/2010 | MU | Market Commentary: Triborough Bridge and Tunnel brings $346.96 million bonds; munis once again close out flat
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| 7/29/2010 | MU | Market Commentary: Munis hold steady in moderate trading action; Clark County, Nev., sells $226.31 million bonds
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| 7/28/2010 | MU | Market Commentary: Washington brings upsized $831.19 million in G.O. bonds; Maryland sells $433 million in bonds
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| 7/28/2010 | MU | New Issue: Philadelphia prices $185 million water and wastewater revenue bonds
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| 7/26/2010 | MU | Philadelphia scheduled to price $185 million water and wastewater bonds Wednesday
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| 7/15/2010 | MU | Philadelphia plans to sell $285 million one-year TRANs
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| 7/15/2010 | MU | Market Commentary: Illinois to sell $1.3 billion certificates; Minnesota to price G.O. bonds; Philly plans TRANs
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| 5/10/2010 | LMMU | Philadelphia calls $5.3 million of 2005C airport revenue bonds
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| 4/14/2010 | MU | Philadelphia calls $370.3 million water and wastewater revenue bonds
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| 4/9/2010 | MU | Market Commentary: Muni volume off; interest up for insured maturities; Alabama Authority to sell $181.42 million
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| 4/8/2010 | MU | New Issue: Philadelphia prices $395 million bonds to yield 1.79%-4.11%
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| 4/8/2010 | MU | Market Commentary: Muni yields rise; strong demand for Philadelphia bonds; Catholic Healthcare plans $450 million
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| 4/5/2010 | MU | Market Commentary: Yields seen flat to weaker; Irvine Ranch Water District, Calif., plans $420 million G.O. sale
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| 4/5/2010 | MU | Philadelphia to bring $391.3 million in water and wastewater bonds Thursday
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| 3/17/2010 | MU | Philadelphia to purchase all $370.3 million water revenue bonds
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| 8/14/2009 | MU | Market Commentary: Billions in sales expected during coming week; municipals finish out week with firmer tone
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| 7/31/2009 | MU | Market Commentary: Billions from transportation issuers expected; municipals stay unmoved in light trading action
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| 7/30/2009 | MU | Market Commentary: Houston brings $449 million in airport bonds; municipals flatten in active day for trades
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| 7/30/2009 | MU | Market Commentary: Houston brings $449 million in airport bonds; municipals flatten in active day for trades
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| 7/28/2009 | MU | Market Commentary: Municipals relatively unmoved in another quiet session; Philadelphia brings $240.76 million
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| 7/28/2009 | MU | New Issue: Philadelphia sells $240.76 million in G.O. bonds with 4.5%-5.5% yields
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| 7/27/2009 | MU | Market Commentary: King County, Wash., prices $250 million in sewer bonds; munis slightly weaker in quiet session
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| 7/23/2009 | MU | Philadelphia to bring $240.76 million in G.O. refunding bonds Tuesday
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| 7/23/2009 | MU | Market Commentary: New York City Transitional Finance brings $800 million; municipals finish the day unmoved
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| 7/21/2009 | MU | Philadelphia plans to bring $240.76 million in G.O. refunding bonds
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| 7/15/2009 | MU | Philadelphia to offer $275 million tax and revenue anticipation notes
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| 7/15/2009 | MU | Market Commentary: Municipals remain strong against Treasuries; Virginia's Arlington County brings $80.48 million
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| 7/13/2009 | MU | Philadelphia calls its $313.5 million G.O. refunding bonds due 2031
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| 5/20/2009 | MU | Market Commentary: Virginia Public Building Authority brings $318 million bonds; primary market volume dominates
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| 5/18/2009 | MU | Market Commentary: Market firms as supply builds; spread on Build America Bonds seen tighter over Treasuries
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| 5/14/2009 | MU | Market Commentary: Illinois brings $1 billion in G.O. certificates at 1.86%; market firms yet again
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| 5/14/2009 | MU | New Issue: Philadelphia brings $140 million revenue bonds to yield 3.85%-5.33%
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| 5/11/2009 | MU | Philadelphia slated to sell $142 million in revenue bonds on Thursday
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| 12/24/2008 | MU | Market Commentary: New York State Urban Development plans $1.098 billion sale; secondary remains firmer with low volume
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| 12/22/2008 | MU | Market Commentary: University of California plans $2 billion commercial paper notes; Tyler ISD, Texas, to price $125 million
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| 12/16/2008 | MU | Market Commentary: Philadelphia brings $165 million in G.O. bonds; Cuyahoga County of Ohio sells $70 million in BANs
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| 12/16/2008 | MU | New Issue: Philadelphia prices upsized $165 million series 2008B GO bonds at 3.5% to 7.2%
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| 12/12/2008 | MU | Philadelphia to sell downsized $100 million offering of G.O.s Tuesday
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| 12/12/2008 | MU | Market Commentary: Philadelphia to sell resized $100 million G.O.s; Deschutes County, Ore., authority to sell $97.6 million
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| 12/5/2008 | MU | Philadelphia to price $184.79 million G.O. bonds Dec. 8 week
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| 12/5/2008 | MU | Market Commentary: Illinois offers $1.4 billion in competitive sale; Maryland Transportation to sell $425 million
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| 5/5/2008 | MU | Fitch rates Philadelphia bonds A+
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| 4/16/2008 | MU | New Issue: Philadelphia, Pa., prices $195 million G.O. refunding bonds with 4.94% TIC
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| 4/16/2008 | MU | Market Commentary: Connecticut, Philadelphia rid themselves of auction-rate debt; Connecticut's $2 billion in G.O.s price
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| 4/15/2008 | MU | Market Commentary: Connecticut brings $2 billion in G.O.s; New York City sells $525 million G.O. bonds at 3% to 4.72%
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| 4/14/2008 | MU | Market Commentary: Window seen closing for investors who want to buy auction-rate bonds; issuers continue to bid
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| 4/3/2008 | MU | S&P gives BBB to Philadelphia G.O. bonds
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| 4/2/2008 | MU | Moody's rates Philadelphia G.O. bonds Baa1
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| 4/2/2008 | MU | Market Commentary: Pricing activity continues unabated, but calendar building eases
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| 3/28/2008 | MU | Philadelphia to price $203.8 million in G.O. refunding bonds week of April 14
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| 3/28/2008 | MU | Fitch rates Philadelphia G.O. bonds BBB+
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| 3/28/2008 | MU | Market Commentary: Utah Transit Authority rounds out busy week with $700 million bonds; New Jersey plans $300 million sale
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