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…
Municipal Bond Credit Report: Weaker-than-expected performance brings downgrade to a university in Missouri
Municipal Bond Credit Report: Webster University was dealt a two-notch downgrade by Moody’s Investors Service on Monday over the schools weaker-than-expected financial performance and low debt service coverage that is…
Municipal Bond Credit Report: Municipal issuance expected to decline next year, SIFMA survey finds
Municipal Bond Credit Report: WASHINGTON – Municipal issuance is expected to drop for a second-straight year in 2019, falling about 5.4% from this year’s level, according to the 2019 SIFMA…
Municipal Bond Credit Report: Snow doesn’t stop post office, but it stopped a bond payment
Municipal Bond Credit Report: A school district in upstate New York missed a bond payment last month because of a snow day. The Hartford Central School District said in a…
Municipal Bond Credit Report: Virgin Islands power authority averts default
Municipal Bond Credit Report: The U.S. Virgin Islands Water and Power Authority succeeded in refinancing two notes that had been due in the last two weeks, sidestepping default. The authority…
Municipal Bond Credit Report: South Carolina capital sets a precedent with green bond deal
Municipal Bond Credit Report: Columbia, South Carolina, successfully tested the waters in issuing its first green bond deal. The city Dec. 6 priced $38 million of stormwater revenue bonds certified…
