Municipal Bond Credit Report: Outlook boost for junk-rated Flint hospital ahead of deal
Municipal Bond Credit Report: Flint, Michigan-based Hurley Medical Center’s rating outlook was revised to stable from negative by Moody’s Investors Service on its improved financial performance. The speculative-grade Ba1 rating…
Municipal Bond Credit Report: Federal Reserve Cuts Interest Rates by Half Percentage Point
Municipal Bond Credit Report: The Federal Reserve cut its benchmark rate by a half percentage point on Tuesday morning, delivering a booster shot to stem potential economic disruptions from the…
Municipal Bond Credit Report: Utility revenue transfer ban may challenge some Florida local credits
Municipal Bond Credit Report: A Florida bill prohibiting a municipal electric utility from using its revenues to fund general governmental functions shouldn’t trigger a significant number of credit rating actions,…
Municipal Bond Credit Report: NIFA’s expanded oversight of hospital a credit positive for Nassau County, Moody’s says
Municipal Bond Credit Report: A fiscal control board’s increased oversight powers of the struggling Nassau University Medical Center is a credit positive for Nassau County, according to Moody’s Investors Service……
Municipal Bond Credit Report: Cash flow struggles hurt a small college’s bond rating
Municipal Bond Credit Report: Cash flow struggles led Fitch Ratings to downgrade a small suburban Philadelphia Catholic college deeper into junk territory… Link to Story
Municipal Bond Credit Report: More state governments are buying cyber insurance
Municipal Bond Credit Report: Nearly half of state governments had cyber insurance in 2019 and the number is expected to rise this year… Link to Story
Municipal Bond Credit Report: Jacksonville launches sweeping investigation of JEA
Municipal Bond Credit Report: Jacksonville, Florida, has launched a sweeping investigation into the failed attempt to sell city-owned JEA, a probe that is expected to delve into the role that…
Municipal Bond Credit Report: Florida lawmakers may end utility revenue transfers to city general funds
Municipal Bond Credit Report: A practice municipalities across the country have used for decades to generate revenues and keep property taxes lower may be in jeopardy in Florida… Link to…
Municipal Bond Credit Report: State senator wants California to take over PG&E
Municipal Bond Credit Report: Days after the California Senate approved a bill that would fine investor-owned utilities for power shutoffs, the measure’s author is proposing legislation that would outline a…
Municipal Bond Credit Report: Ohio public pension system cuts retiree healthcare benefits
Municipal Bond Credit Report: Ohio’s largest public pension fund, the Public Employees Retirement System, is launching a preemptive strike to preserve retiree health benefits over the long term by scaling…
