Municipal Bond Credit Report: Maine’s new governor releases long-stalled senior housing bonds
Municipal Bond Credit Report: Maine Gov. Janet Mills authorized voter-approved senior housing bonds that were held up for three years by predecessor Paul LePage. Mills, a Democrat signed a financial…
Municipal Bond Credit Report: Honolulu rail project gets a scathing audit ahead of bond sale
Municipal Bond Credit Report: Hawaii’s state auditors released two reports highly critical of Honolulu’s 20-mile rail transit project just ahead of plans to price $250 million in general obligation bonds…
Municipal Bond Credit Report: Tappan Zee Bridge project’s low debt burden drives bond upgrades
Municipal Bond Credit Report: Completion of a replacement Tappan Zee Bridge while keeping debt levels in check triggered an upgrade to New York State Thruway Authority bonds. Moody’s Investors Service…
Municipal Bond Credit Report: Los Angeles teacher strike won’t trigger downgrades
Municipal Bond Credit Report: LOS ANGELES — Los Angeles teachers are on strike, but the bond ratings of the nation’s second-biggest school district aren’t likely to change. Three rating agencies…
Municipal Bond Credit Report: District of Columbia stays afloat during government shutdown
Municipal Bond Credit Report: WASHINGTON — As the federal shutdown nears a month in duration, the District of Columbia is staying afloat through employment diversification and strong reserves, according to…
Municipal Bond Credit Report: Strains weigh on prognosis for healthcare sector
Municipal Bond Credit Report: Looming clouds, from a possible recession that could dampen investment revenue and philanthropy to potential federal actions and Medicaid changes, threaten the not-for-profit healthcare sector’s stable…
Municipal Bond Credit Report: Extended federal shutdown would disrupt New Jersey Transit
Municipal Bond Credit Report: A prolonged federal government shutdown would have negative credit implications for New Jersey Transit and other transportation agencies not felt in past budget standoffs, according to…
Municipal Bond Credit Report: Legal morass deepens in South Carolina’s nuclear fiasco
Municipal Bond Credit Report: The decision by South Carolina’s Santee Cooper not to complete two nuclear reactors is growing more complex with a new round of legal finger-pointing about who’s…
Municipal Bond Credit Report: Small Iowa city banks on arena’s success to repay debt
Municipal Bond Credit Report: Coralville, Iowa, wrapped up a $76 million financing package for a new arena that cost the city its investment grade rating. The city sold $25 million…
Municipal Bond Credit Report: Casino gambling revenue backs Mississippi bridge repair bonds
Municipal Bond Credit Report: Mississippi will issue $279 million in gaming tax revenue bonds to fund an emergency bridge and road replacement program across the state. The 20-year limited obligation…
