Municipal Bond Credit Report: A four-city FBI sweep targeted a Houston-based engineering company and a slew of local government offices in Laredo with daylong raids in an investigation still shrouded…
Municipal Bond Credit Report: CalSTRS has looked to real estate and infrastructure for opportunities to deliver returns closer to 8 percent. .. Link to Story
Municipal Bond Credit Report: The Justice Department sent letters to eight large cities and one county on Friday threatening to withhold grant funding if they don’t affirm they are providing…
Municipal Bond Credit Report: The bankruptcy of the prime contractor constructing two nuclear units in South Carolina could have a material impact on the state’s public power agency, bondholders learned…
Municipal Bond Credit Report: The gap between the total assets reported by state pension systems across the United States and the benefits promised to workers, now reported as the net…
Municipal Bond Credit Report: Detroit is on track to exit state oversight next year with its balance sheet on the mend and private investment booming, a Michigan Treasury official said…
Municipal Bond Credit Report: Spreads have widened on municipal bonds issued to build new nuclear units ensnared in Westinghouse Electric Co.’s bankruptcy, signaling heightened concern by investors… Link to Story
Municipal Bond Credit Report: Legislation overhauling the underfunded Arizona’s Corrections Officers Retirement Plan is meeting with strong approval from advocates of aggressive measures to fully fund retirement liabilities… Link to…
Municipal Bond Credit Report: The influential credit rating agency Moody’s Investor Service released a highly critical report Wednesday on San Bernardino’s finances, warning that just as the beleaguered city prepares…
Municipal Bond Credit Report: Municipal issuer groups are urging members in both chambers of Congress to support legislation that they say would help the economy and infrastructure by including investment-grade,…
Municipal Bond Credit Report: Guam is looking to issue short-term debt to pay tax refunds to its citizens… Link to Story
Municipal Bond Credit Report: A State appeals court on Tuesday vindicated San Diego’s five-year-old aggressive pension cutbacks, potentially saving the city millions it could have been forced to spend creating…
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