Municipal Bond Credit Report: New Jersey Gov. Phil Murphy’s administration took the first step toward leveraging state assets to tackle its steep pension burden…. Link to Story
Municipal Bond Credit Report: Michigan State University had plenty of buyers for a bond issue that in part will finance a legal settlement for the Larry Nassar sexual abuse cases.…
Municipal Bond Credit Report: LOS ANGELES — About $1 billion in California redevelopment agency debt is under review for possible upgrade after Moody’s Investors Service changed its rating methodology. Moody’s…
Municipal Bond Credit Report: Detroit received an S&P Global Ratings upgrade to BB-minus from B-plus Thursday in recognition of its stabilizing fiscal picture. The upgrade which still leaves the city…
Municipal Bond Credit Report: South Carolina lawmakers will dig deeper into selling state-owned Santee Cooper after receiving a report indicating high interest from companies willing to lower electricity rates and…
Municipal Bond Credit Report: Moody’s Investors Service upgraded Newark to Baa2 from Baa3 Monday, with a positive outlook, ahead of a $51.1 million general obligation bond competitive sale slated for…
Municipal Bond Credit Report: Sacramento City Unified School District’s budget crisis has resulted in multi-notch downgrades from two rating agencies. Moody’s downgraded the school district’s ratings two notches to A2…
Municipal Bond Credit Report: The risk of default is more elevated for junk-rated Detroit Local Development Finance Authority’s subordinate lien tax increment financing bonds issued in 1997 to finance costs…
Municipal Bond Credit Report: Moody’s Investors Service upgraded Jamestown’s issuer and general obligation limited tax obligation ratings to Baa3 from Ba1 Wednesday citing modest budgetary improvements while facing limitations on…
Municipal Bond Credit Report: Hawaii plans to price $550 million in general obligation bonds next week. The Hawaii finance team doesn’t expect the market’s volatility to hamper buyer interest…. Link…
Municipal Bond Credit Report: Westminster, Md.’s Mayor and Common Council approved an ordinance on Monday, Jan. 28, allowing the city to take out almost $30 million in state loans for…
Municipal Bond Credit Report: Ohio’s Wright State University is entering week two of a faculty strike. Moody’s Investors Service downgraded the school three notches to Baa2 last May and assigned…
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