The state of Wisconsin is embarking on a flurry of debt-related activity as the year begins, with a cash defeasance and three refunding deals that may include tenders on the table in the first quarter ...

New Jersey has retired almost $500 million of outstanding debt for about $160 million in savings, joining other issuers in using defeasance as a cost-saving tool and to improve their credit.

Yield maintenance and defeasance are two common methods used to compensate lenders for the loss of interest income on commercial loans. Both terms refer to prepayment penalties designed to preserve ...

Wisconsin schools use "defeasance" to make it look like referendums do not raise taxes. Wisconsin school districts are using a financial tool called "defeasance" — increasing spending to prepay debt ...

The New Jersey Department of Treasury announced Jan. 18 it paid off nearly $500 million in outstanding debt – saving taxpayers some $160 million. Using the Debt Defeasance and Prevention Fund – to ...

MIDLAND This week, Midland ISD finalized the defeasance, which eliminated all outstanding debt obligations prior to series 2024 and allowed the district to start paying back a portion of the new debt.