News Feed

Municipal Bond Credit Report: Entering Pennsylvania’s workout program for distressed communities, known commonly as Act 47, remains a one-way ticket for most cities… Link to Story

Municipal Bond Credit Report: U.S. Treasurer Steven Mnuchin thinks Congress could agree within two months on changes easing the Dodd-Frank regulations that were put in place following the 2008 banking…

Municipal Bond Credit Report: Even as Harvey, Illinois, won a court order to release funds the state withheld to cover overdue pension debts, a second city has joined the ranks…

Municipal Bond Credit Report: La Verne, California, is moving forward with plans to sell pension obligation bonds to deal with a nearly $50 million anticipated pension liability… Link to Story

Municipal Bond Credit Report: Few municipalities can imagine losing half their corporate boundaries to an involuntary de-annexation, but that’s what may happen to the small city of Stockbridge, Georgia… Link…

Municipal Bond Credit Report: Eight Wall Street and regional banks and broker-dealers have been accused in a whistleblower suit of “widespread fraud and collusion” in connection with remarketing the variable-rate…

Municipal Bond Credit Report: The state’s agreement to pay off Hartford’s $550 million in general obligation debt has prompted a dramatic upgrade in the city’s bond rating and a shift…

Municipal Bond Credit Report: The underlying ratings of two Ohio community colleges were dropped to junk in a series of rating actions by Moody’s Investors Service… Link to Story

Municipal Bond Credit Report: Connecticut’s deal to assume capital Hartford’s debt payments – up to $40 million annually stretched out over two decades — triggered an immediate boost to the…

Municipal Bond Credit Report: Long-term concerns about whether higher spending Philadelphia plans for its school district will be supported by new tax revenues joined pensions to drive its first downgrade…

Municipal Bond Credit Report: Connecticut has agreed to pay off Hartford’s general obligation debt – about $550 million over the next two decades or so – as part of the…

Municipal Bond Credit Report: Municipal participants say the ripple effects from the Puerto Rico bankruptcy have shaken investor confidence in lower-rated states and cities, legal promises, and credit ratings in…