Municipal Bond Credit Report: Moody’s on Kentucky says downgrade reflects revenue underperformance that will challenge commonwealth’s ability to increase its very low pension funding levels.. Link to Story
Municipal Bond Credit Report: Chicago-based William Blair has decided to shed its municipal bond business, abandoning an effort that started four years ago to expand the public finance practice to…
Municipal Bond Credit Report: Credit rating agency Standard & Poor’s lowered Alaska’s credit rating on Tuesday and said the state’s reliance on financial reserves to fund its budget cannot continue……
Municipal Bond Credit Report: A disagreement between two central Florida community development districts and their residents takes center stage this week in a bond-validation trial… Link to Story
Municipal Bond Credit Report: Moody’s Investors Service has downgraded the City of Fort Worth, TX’s general obligation limited tax (GOLT) bonds to Aa3 from Aa2, affecting approximately $657 million in…
Municipal Bond Credit Report: The California Public Employees’ Retirement System reported on Friday a preliminary 11.2 percent net return on investments for the fiscal year that ended June 30, up…
Municipal Bond Credit Report: Ratings agency Moody’s Investors Service cut its rating by a notch on Alaska to “Aa3” and maintained its negative outlook on the state… Link to Story
Municipal Bond Credit Report: Williamston Community Schools in Michigan was dropped three notches into junk by Moody’s Investors Service Wednesday over its weak financial position and high levels of debt…
Municipal Bond Credit Report: Just two days after S&P downgraded Hartford to junk, Moody’s has piled on, pushing the Connecticut State capital below investment-grade due to “the increased likelihood that…
Municipal Bond Credit Report: Standard & Poor’s downgraded Hartford debt to junk bond status late Tuesday, less than a week after the financially troubled capital city hired a New York…
Municipal Bond Credit Report: New Mexico appears to have dodged — at least for now — an additional downgrade to its bond rating, though a national credit rating agency warned…
Municipal Bond Credit Report: S&P Global Ratings on Thursday placed its AA-minus general obligation rating on the commonwealth on credit watch with negative implications… Link to Story
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