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…
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…
