Municipal Bond Credit Research: Oklahoma hospital authority closes deal to end default
Municipal Bond Credit Research Report: Just over a month after missing a Sept. 1 debt service payment, Oklahoma’s junk-rated Norman Regional Hospital Authority closed on a $40 million senior bond…
Municipal Bond Credit Research: In Midwest, different lessons for issuers on hotels and convention centers
Municipal Bond Credit Research Report: As convention center hotel projects multiply across the Midwest, some of them bond-financed and others still embryonic, issuers are taking different lessons from pitches by…
Municipal Bond Credit Research: Brightline Florida bonds drop despite no-haircut restructuring
Municipal Bond Credit Research Report: Recent steep drops in Brightline Florida bond prices suggest the market remains skeptical the municipal bonds will avoid a haircut under the company’s recent Chapter…
Municipal Bond Credit Research: Impact of Midwest property tax breaks begins to sink in
Municipal Bond Credit Research Report: Recent property tax reforms in Indiana and Missouri are starting to impact school districts and local governments there, with one Missouri municipality facing a revenue…
Municipal Bond Credit Research: Brightline bankruptcy day one: court approves DIP over objection
Municipal Bond Credit Research Report: A judge approved a $258 million debtor-in-possession financing for Florida’s bankrupt passenger train operator Brightline Tuesday during a first-day hearing where attorneys also said additional…
Municipal Bond Credit Research: Florida water utilities face state revolving fund cutbacks
Municipal Bond Credit Research Report: Florida water utilities and cooperatives are wrangling with new challenges from cuts to state revolving funds, a worsening drought and increasing construction costs… Link to…
Municipal Bond Credit Research: Brightline files bankruptcy
Municipal Bond Credit Research Report: Florida passenger train Brightline, one of the largest and most closely-watched credits in the high-yield municipal bond market, filed for Chapter 11 bankruptcy Thursday night…
Municipal Bond Credit Research: Cities gearing up for housing reforms
Municipal Bond Credit Research Report: The 21st Century ROAD to Housing Act has the potential to change the math on how affordable housing is developed and financed in cities across the…
Municipal Bond Credit Research: S&P downgrades Oklahoma health system’s rating to D after payment delay
Municipal Bond Credit Research Report: A delayed debt service payment led S&P Global Ratings on Wednesday to drop Norman Regional Health System’s (NRHS) long-term bond rating to D from CC……
Municipal Bond Credit Research: New Orleans to incorporate water and sewer board
Municipal Bond Credit Research Report: New Orleans is taking steps to merge its largely independent water and sewer board in a step that may be aimed at improving the board’s…
