Municipal Bond Credit Report: Federal Reserve backstops muni bond market as coronavirus hammers cash-strapped states and cities
Municipal Bond Credit Report: The Federal Reserve capped off an unprecedented week of action Friday by extending a lifeline to cash-strapped state and local governments that are about to borrow…
Municipal Bond Credit Report: Oil price collapse a gut punch for producing states
Municipal Bond Credit Report: With oil prices plummeting, energy-producing states of the Southwest face another economic rollercoaster less than six years after the last collapse… Link to Story
Municipal Bond Credit Report: Oil imperils eight state economies, S&P says
Municipal Bond Credit Report: The collapse of oil prices will inflict “considerable strain” on the economies of oil-producing states, according to S&P Global Ratings, though no outlook changes are in…
Municipal Bond Credit Report: Virus further strains New York Health + Hospitals finances
Municipal Bond Credit Report: Officials from New York City Health + Hospitals are examining the effects of COVID-19 preparation on its already strained bottom line… Link to Story
Municipal Bond Credit Report: COVID-19 a challenge for muni advocacy
Municipal Bond Credit Report: Some muni market advocates have growing concerns that COVID-19 is limiting their ability to push important muni bond initiatives on Capitol Hill and elsewhere… Link to…
Municipal Bond Credit Report: JEA downgraded because of governance instability
Municipal Bond Credit Report: Florida’s largest public utility in Jacksonville has lost its stellar rating because of govenance issues following a recent failed and controversial attempt at privatization… Link to…
Municipal Bond Credit Report: Distressed Chicago suburb eyes future restructuring bond deal
Municipal Bond Credit Report: As Harvey, Illinois, works to resolve legal disputes with bondholders and Chicago over delinquent water bills, the fiscally distressed city envisions the eventual restructuring of its…
Municipal Bond Credit Report: Tuition revenue struggles bring negative outlook to USciences
Municipal Bond Credit Report: Cash-flow struggles amid sharp tuition revenue declines the past few years placed a Philadelphia private college on the verge of another credit downgrade one year after…
Municipal Bond Credit Report: Hawaii takes steps to protect its economy as COVID-19 spreads
Municipal Bond Credit Report: While some states escalated medical efforts this week to prevent the spread of COVID-19, Hawaii lawmakers were also looking to protect an economy dependent on tourism……
Municipal Bond Credit Report: COVID-19 clouds Illinois’ revenue prospects
Municipal Bond Credit Report: Illinois Gov. J.B. Pritzker’s administration and the General Assembly’s non-partisan research arm presented closely aligned revenue estimates to lawmakers this week, but whether those numbers hold…
