Municipal Bond Credit Report: When New York’s Metropolitan Transportation Authority confirmed it would tap $1 billion of its commercial bank credit on Friday, Chairman Patrick Foye called the COVID-19 crisis…
Municipal Bond Credit Report: Texas Gov. Greg Abbott’s partial suspension of the Open Meetings Law has allowed the bond industry to proceed with upcoming issues, though many have been sidelined…
Municipal Bond Credit Report: As Florida lawmakers prepare to vote on the state’s record $93.2 billion budget, losses because of the novel coronavirus have already begun mounting for industries that…
Municipal Bond Credit Report: The UCLA Anderson Forecast economists announced Monday the country has entered a recession, and it’s expected to be more severe in California than nationally… Link to…
Municipal Bond Credit Report: New York’s Metropolitan Transportation Authority, the nation’s largest mass-transit system and one of the largest issuers of municipal debt, has asked the federal government for a…
Municipal Bond Credit Report: The Federal Reserve capped off an unprecedented week of action Friday by extending a lifeline to cash-strapped state and local governments that are about to borrow…
Municipal Bond Credit Report: With oil prices plummeting, energy-producing states of the Southwest face another economic rollercoaster less than six years after the last collapse… Link to Story
Municipal Bond Credit Report: The collapse of oil prices will inflict “considerable strain” on the economies of oil-producing states, according to S&P Global Ratings, though no outlook changes are in…
Municipal Bond Credit Report: Officials from New York City Health + Hospitals are examining the effects of COVID-19 preparation on its already strained bottom line… Link to Story
Municipal Bond Credit Report: Some muni market advocates have growing concerns that COVID-19 is limiting their ability to push important muni bond initiatives on Capitol Hill and elsewhere… Link to…
Municipal Bond Credit Report: Florida’s largest public utility in Jacksonville has lost its stellar rating because of govenance issues following a recent failed and controversial attempt at privatization… Link to…
Municipal Bond Credit Report: As Harvey, Illinois, works to resolve legal disputes with bondholders and Chicago over delinquent water bills, the fiscally distressed city envisions the eventual restructuring of its…
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