Municipal Bond Credit Report: Ohio utility bonds will fund solar power purchase
Municipal Bond Credit Report: Ohio-based American Municipal Power will sell $56 million of bonds Tuesday to refinance debt it used to prepay for solar power from 13 solar power plants.…
Municipal Bond Credit Report: Empty feeling at college football stadiums after bond boom
Municipal Bond Credit Report: After years of bond-financed stadium expansions, college football is downsizing amid waning demand for seats, experts say. “Everyone is going smaller,” said Darin W. White, executive…
Municipal Bond Credit Report: California’s changes for fiscally-distressed schools won’t alter Fitch ‘special revenue’ ratings
Municipal Bond Credit Report: Legislative changes in California that shift some state level responsibility for school districts to the county in situations of fiscal distress won’t change how Fitch Ratings…
Municipal Bond Credit Report: Cuomo plan halts full shutdown of New York’s L subway line
Municipal Bond Credit Report: Gov. Andrew Cuomo on Thursday authorized a “less invasive” alternative to the nearly $500 million Canarsie Tunnel repair project in New York that will not involve…
Municipal Bond Credit Report: Kentucky may use sports betting receipts to fund pensions
Municipal Bond Credit Report: As Kentucky lawmakers prepare to meet in this year’s regular session, rating agencies are warning of headwinds if it doesn’t tackle its underfunded pensions… Link to…
Municipal Bond Credit Report: Tampa Bay Rays stadium plan strikes out
Municipal Bond Credit Report: The Tampa Bay Rays say the baseball team’s deal for a new stadium near downtown Tampa is dead. The Rays abruptly rejected the framework for funding…
Municipal Bond Credit Report: New Jersey revives lease financing option for higher education
Municipal Bond Credit Report: Private colleges and universities in New Jersey will regain a financing option that has lain dormant for eight years. The New Jersey Educational Facilities Authority board…
Municipal Bond Credit Report: Liquidity boost returns upstate New York village to investment grade
Municipal Bond Credit Report: Johnson City, New York, regained an investment grade after a dramatic improvement in the village government’s financial health. Moody’s Investors Service upgraded Johnson City’s long-term issuer…
Municipal Bond Credit Report: Bridge trustee sues Florida to force a toll hike for defaulted bonds
Municipal Bond Credit Report: The trustee for the Garcon Point toll bridge sued the Florida Department of Transportation for refusing to raise tolls since the debt went into default in…
Municipal Bond Credit Report: Wind farms bolster Ohio county’s bond rating
Municipal Bond Credit Report: Wind farm projects in Paulding County, Ohio, have brought the county extra revenues and a ratings upgrade from Moody’s Investors Service. The rating agency upgraded the…
