Municipal Bond Credit Report: COVID-19-driven border restrictions a blow to bridge bonds, Texas economy
Municipal Bond Credit Report: The 28 bridges and border crossing points between Texas and Mexico will remain open to essential traffic and trade, but the partial closure will deliver another…
Municipal Bond Credit Report: As toll roads go cashless, the sector outlook turns negative
Municipal Bond Credit Report: With some toll roads going cashless to limit human contact during the COVID-19 outbreak, two rating agencies have turned the sector outlook negative as more people…
Municipal Bond Credit Report: U.S mass transit agencies seek $25 billion
Municipal Bond Credit Report: A coalition of U.S. transit agencies including New York’s Metropolitan Transportation Authority have written congressional leaders requesting a relief package that includes at least $25 billion…
Municipal Bond Credit Report: Port Authority, NJ Transit seek bailout funds amid COVID-19 battle
Municipal Bond Credit Report: The Port Authority of New York and New Jersey and New Jersey Transit both requested federal bailouts as revenues plunge because of the COVID-19 pandemic… Link…
Municipal Bond Credit Report: Bond Downgrades Begin Amid Coronavirus Slowdown
Municipal Bond Credit Report: Credit-ratings firms have issued a wave of downgrades for corporate and government bonds as they reassess the ability of borrowers to repay their obligations amid the…
Municipal Bond Credit Report: New York MTA lays down a marker with call for federal rescue
Municipal Bond Credit Report: When New York’s Metropolitan Transportation Authority confirmed it would tap $1 billion of its commercial bank credit on Friday, Chairman Patrick Foye called the COVID-19 crisis…
Municipal Bond Credit Report: Texas cuts red tape for issuers amid pandemic uncertainty
Municipal Bond Credit Report: Texas Gov. Greg Abbott’s partial suspension of the Open Meetings Law has allowed the bond industry to proceed with upcoming issues, though many have been sidelined…
Municipal Bond Credit Report: Amid COVID-19 downturn, Florida will proceed with record spending plan
Municipal Bond Credit Report: As Florida lawmakers prepare to vote on the state’s record $93.2 billion budget, losses because of the novel coronavirus have already begun mounting for industries that…
Municipal Bond Credit Report: UCLA Anderson Forecast says country has entered a recession; downturn will hit Calif. hardest
Municipal Bond Credit Report: The UCLA Anderson Forecast economists announced Monday the country has entered a recession, and it’s expected to be more severe in California than nationally… Link to…
Municipal Bond Credit Report: New York MTA requests $4 billion federal bailout
Municipal Bond Credit Report: New York’s Metropolitan Transportation Authority, the nation’s largest mass-transit system and one of the largest issuers of municipal debt, has asked the federal government for a…
