<strong>Great Harvest Has Been Acquired By NewSpring</strong>

County District School Bonds, Series 2024 (ULT) | $50,860,000 | 10/16/2024

The Labor Department reported that <strong>initial jobless claims</strong> edged higher last week, although we could soon see sharper increases after disruptions from Hurricane Helene, the port strike and a work stoppage at Boeing. First time claims in regular state programs recorded 225,000 for the week ending September 28th after the prior week’s report of 219,000. The four-week moving average dropped to 224,250 from 225,000 the prior week, the lowest since June 1st. Continuing claims, which include people who have received unemployment benefits for a week or more, decreased 1,000 to 1,826,000 for the week ending September 21st. The insured unemployment rate, the number of people currently receiving unemployment insurance as a percentage of the labor force, remained at 1.2%.

The Pennant Group, Inc. (NASDAQ: PNTG) Follow-On Offering | $109 Million | 10/02/2024

Senior National Charter School Revolving Loan Fund Revenue Bonds Series 2024B - Social Bonds | $141,000,000 | 10/16/2024

Senior National Charter School Revenue Bonds, Series 2024A - Social Bonds | $184,000,000 | 10/16/2024

Unlimited Tax School Building and Refunding Bonds, Series 2024B | $185,255,000 | 10/09/2024

The Labor Department reported that<strong> initial jobless claims</strong> declined to a four month low last week, even as employers are slowing down their hiring. The rise in the unemployment rate is driven by an increased supply of workers, many of them undocumented and not eligible for unemployment insurance. First time claims in regular state programs recorded 218,000 for the week ending September 21st after the prior week’s report of 222,000. The four-week moving average dropped to 224,750 from 228,250 the prior week. Continuing claims, which include people who have received unemployment benefits for a week or more, increased 13,000 to 1,834,000 for the week ending September 14th. The insured unemployment rate, the number of people currently receiving unemployment insurance as a percentage of the labor force, remained at 1.2%.

<strong>Byline Bancorp, Inc. has acquired First Security Bancorp, Inc.</strong> | $41.0 Million(1) | 09/30/2024

Utilities Revenue Bonds, Series 2024B | $30,000,000 | 10/09/2024