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Pattern Energy offers biggest green junk bond

Bloomberg Pattern Energy Operations LP is raising $700 million to help finance sustainable projects, the biggest green high-yield bond sale since 2017. The San Francisco-based company is offering senior unsecured notes maturing in eight years, according to a person with knowledge of the matter. Royal Bank of Canada, BMO Financial Group and Citigroup Inc are managing the transaction, the person ...

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New bill will be powerful tonic for what’s ailing US

Congress is weighing a big idea as it bargains over the next stimulus package: a bipartisan proposal to expand national-service programs to create jobs, help contain the coronavirus pandemic and begin to unify a divided country. This plan would be a powerful tonic for some of what’s ailing the United States. It’s evocative of the New Deal programs that helped ...

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Florida virus toll might rival New York’s

People keep saying not to worry so much about the Covid-19 surge in Florida, because it isn’t killing a lot of people. I’m not buying it. And I’m sorry to predict that by early August, deaths in Florida will be almost as bad as New York at its worst. Florida and New York have similar populations (21.5 million and 19.5 ...

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