News Feed

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…

Municipal Bond Credit Report: Sweeping fiscal changes may come to St. Louis, St. Louis County and its local municipalities if backers of a plan to merge the city and county…

Municipal Bond Credit Report: With default seen as near certain, Moody’s Investors Service downgraded to Caa3 from B1 a pool of California pension obligation bonds of which the largest component…

Municipal Bond Credit Report: Tuition revenue pressures from a sharp enrollment drop led Vermont’s Green Mountain College to announce its closure after 183 years. The school in Poultney announced Wednesday…

Municipal Bond Credit Report: Beloit College has purchased through a tender most of its publicly offered $23 million 2016 issue in a debt restructuring that follows the private Wisconsin school’s…

Municipal Bond Credit Report: Lockport, New York, was raised two notches to A3 by Moody’s Investors Service. The rating revival comes almost five years after severe cash flow problems drove…

Municipal Bond Credit Report: York County, South Carolina competitively prices the first of two general obligation bond issues Thursday, buoyed by a recent GO rating upgrade to Aaa by Moody’s…

Municipal Bond Credit Report: CHICAGO — Palos Health in suburban Chicago and Loyola Medicine have signed a letter of intent that could lead to the independent hospital joining Loyola, which…