Municipal Bond Credit Report: The Biden administration is looking past its $1.9 trillion coronavirus relief bill and starting to consider how to pay for the next round of programs meant…
Municipal Bond Credit Report: San Antonio’s CPS Energy suffered a second bond rating downgrade in the aftermath of a February winter storm and cold snap that discombobulated the Texas energy…
Municipal Bond Credit Report: The Texas grid operator has held talks with financial institutions including Goldman Sachs Group Inc. about potential financing options to address a more than $3 billion…
Municipal Bond Credit Report: Texas’s top utility regulator said that an independent market monitor has substantially revised a recommendation to reprice $16 billion worth of electricity charges stemming from last…
Municipal Bond Credit Report: The Puerto Rico Employees Retirement System bondholders could be in line to get more than 14% of original par value of their investments in a tentative…
Municipal Bond Credit Report: The Puerto Rico Oversight Board indicated it would offer 9% reimbursement for Employees Retirement System bonds but was hazy how it would handle $8 billion more…
Municipal Bond Credit Report: A legal battle over charter school funding in Palm Beach County may have implications for public education in the entire state of Florida… Link to Story
Municipal Bond Credit Report: Worker filings for unemployment benefits dropped to 712,000 last week, nearing their lowest level since the pandemic fueled a surge in layoffs last March… Link to…
Municipal Bond Credit Report: Municipal credits are swirling downwards as Texas utilities seek to recover billions of dollars lost in a winter power crisis… Link to Story
Municipal Bond Credit Report: The direct aid to state and local governments that the House is expected to send to President Biden later this week has minor changes added by…
Municipal Bond Credit Report: The city of Anaheim, home to Disneyland, received its second rating downgrade the same day that the California governor announced that parks, sports stadiums and theme…
Municipal Bond Credit Report: The U.S. economy is set up for a stronger recovery this spring after a February surge in hiring at restaurants and other hospitality businesses created the…
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