Municipal Bond Credit Report: Troubled Virginia hotel project in default
Municipal Bond Credit Report: The rocky restoration of a hotel in downtown Alexandria, Virginia is battling financial headwinds in the form of a default on senior level bond payments… Link…
Municipal Bond Credit Report: Florida projects deficit as soon as fiscal 2027-28
Municipal Bond Credit Report: A Florida official is warning of growing state deficits starting in fiscal 2027-28 unless the legislature and governor take actions… Link to Story
Municipal Bond Credit Report: Archdiocese of New Orleans bankruptcy deal gets some support
Municipal Bond Credit Report: The bankruptcy of the Archdiocese of New Orleans may have taken a major step toward resolution Monday when attorneys representing more than 200 abuse victims shifted…
Municipal Bond Credit Report: Maryland takes another financial hit due to federal law
Municipal Bond Credit Report: The state of Maryland which is already reeling from job losses and credit downgrades is dealt another public finance challenge as the comptroller reveals a projected…
Municipal Bond Credit Report: American Dream bondholders will receive another overdue interest payment
Municipal Bond Credit Report: Investors holding the American Dream Mall’s grant revenue bonds soon will receive their first interest payment in a year… Link to Story
Municipal Bond Credit Report: Bankruptcy judge sets asset sale for Texas metal recycler
Municipal Bond Credit Report: A U.S. bankruptcy court set a Sept. 22 bid deadline to purchase assets of a Texas-based metals recycling company that has $293.6 million of revenue bonds…
Municipal Bond Credit Report: Trustee says it will fight 11% offer in NOLA archdiocese bankruptcy
Municipal Bond Credit Report: The bond trustee in the Archdiocese of New Orleans bankruptcy plans to fight the court-approved plan of adjustment’s offer of 11 cents on the dollar… Link…
Municipal Bond Credit Report: Metropolitan Opera Association’s rating sinks lower in junk territory
Municipal Bond Credit Report: The Metropolitan Opera Association once again has been downgraded by Moody’s Ratings — this time to B3 — and its outlook was revised to negative from…
Municipal Bond Credit Report: Private college plans sale of Manhattan real estate to pay debt
Municipal Bond Credit Report: A struggling college in New York City is planning to sell its Manhattan campus to The City University of New York, providing a reprieve for its…
Municipal Bond Credit Report: Oklahoma Supreme Court asked to invalidate utility ratepayer-backed bonds
Municipal Bond Credit Report: An Oklahoma lawmaker asked the state supreme court on Thursday to invalidate nearly $700 million of bonds issued in 2022 on behalf of a utility company,…
