Municipal Bond Credit Research: Proposed Florida property tax cuts would affect local governments
Municipal Bond Credit Research Report: Proposals to substantially cut or even eliminate Florida’s non-school property taxes would profoundly impact the finances of its cities and counties… Link to Story
Municipal Bond Credit Research: Brightline defers Jan. 15 interest payment on subordinate debt
Municipal Bond Credit Research Report: Brightline has deferred interest on a closely watched Jan. 15 debt service payment as the Fortress Investment Group-backed Florida train continues to struggle to generate…
Municipal Bond Credit Research: Platte County washes its hands of Zona Rosa shopping center
Municipal Bond Credit Research Report: Platte County, Missouri, will formally withdraw from the public financing of a shopping center that sparked multiple court battles after its sales tax revenues faltered…
Municipal Bond Credit Research: Jackson Hospital deal reached
Municipal Bond Credit Research Report: Attorneys reached agreement on basic terms of restructuring in the Jackson Hospital, Alabama, Chapter 11 bankruptcy, allowing the hospital to avoid the threatened closure… Link…
Municipal Bond Credit Research: Southwest water supply woes spark credit concerns
Municipal Bond Credit Research Report: Corpus Christi is experiencing the credit consequences of dwindling water supplies… Link to Story
Municipal Bond Credit Research: Struggles for two bond-financed student housing projects
Municipal Bond Credit Research Report: Two Florida student housing deals that went to market in 2024 with speculative-grade ratings are showing signs of distress… Link to Story
Municipal Bond Credit Research: Brightline Florida will tap reserves to make debt payment
Municipal Bond Credit Research Report: Brightline Florida plans to tap debt reserves to cover a January payment on its senior bonds after it deferred its last debt payment on a…
Municipal Bond Credit Research: Jersey City’s use of short-term notes takes a toll on its bond rating
Municipal Bond Credit Research Report: Jersey City, New Jersey, could be headed into financial trouble, according to a rating agency that accompanied its recent downgrade of the city with unusually…
Municipal Bond Credit Research: Community hospital in California files for Chapter 11 bankruptcy
Municipal Bond Credit Research Report: A California hospital about 70 miles north of Sacramento filed for Chapter 11 bankruptcy Monday after failing to sell itself or secure an affiliation with…
Municipal Bond Credit Research: Dallas transit agency battles threatened exodus of member cities
Municipal Bond Credit Research Report: Dallas Area Rapid Transit could face a reckoning with financial consequences next year. Four of its 13 member cities — Plano, Irving, Highland Park, and…
