Municipal Bond Credit Report: Moody’s Investors Service downgraded New Jersey’s credit rating Monday over concerns with the state’s growing pension debt, low cash reserves and an economy that’s growing only…
Municipal Bond Credit Report: Moody’s Investors Service downgraded the debt of Catholic Health Initiatives this week to two notches above junk, following a similar downgrade earlier this month by S&P…
Municipal Bond Credit Report: A bill requiring a vote on $1 billion of pension bonds is a “poison pill” that could derail Houston’s efforts to restructure its debt to city…
Municipal Bond Credit Report: Retirement Security Initiative, an advocacy group for fairness and solvency in public sector retirement plans, is taking issue with a University of California report that argues…
Municipal Bond Credit Report: Portland was upgraded one notch to AA-plus on Feb. 24 by S&P Global Ratings, citing the city’s improved budgeting and boost in reserves… Link to Story
Municipal Bond Credit Report: Illinois’ sovereign powers over spending and revenues and its sturdy general obligation repayment statute are being tested as its budget gridlock inches toward the two-year mark……
Municipal Bond Credit Report: Moody’s Investors Service on Tuesday (March 7, 2017) downgraded the city of St. Louis’ general obligation bond rating from A2 to A3… Link to Story
Municipal Bond Credit Report: For the second time in four months, CalPERS is preparing to slash benefits for a group of retirees whose former employer stopped cutting checks to fund…
Municipal Bond Credit Report: The SEC’s proposal to obtain more information disclosures on bank loans, placements and other financing alternatives to municipal bonds could affect leases, guarantees, derivatives and certain…
Municipal Bond Credit Report: The MSRB has draft amendments to its Rule G-34 on CUSIP numbers to clarify requirements and clear up misunderstandings… Link to Story
Municipal Bond Credit Report: The U.S. Securities and Exchange Commission agreed on Wednesday to move forward with proposals requiring the disclosure of bank loans and other private financial deals entered…
Municipal Bond Credit Report: The Securities and Exchange Commission took a first step toward shedding light on loans from banks to states and localities that are increasingly being used to…
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