Municipal Bond Credit Report: Michigan township hack spells bigger cybersecurity troubles for munis
Municipal Bond Credit Report: A recent hack of a Michigan township should spur the public finance industry to better understand and prepare for cybersecurity threats as hackers become more sophisticated.…
Municipal Bond Credit Report: Florida bond fight continues three years after debt was validated
Municipal Bond Credit Report: A Florida agency that offers PACE financing to property owners is at the center of a legal dispute that it says could catastrophically undermine the finality…
Municipal Bond Credit Report: How Pennsylvania shrank Act 47 program for distressed municipalities
Municipal Bond Credit Report: There was a time when it seemed like a Pennsylvania city or town could stay distressed forever. Clairton, a city on the outskirts of Pittsburgh, entered…
Municipal Bond Credit Report: New Jersey’s weakest municipalities are on the mend
Municipal Bond Credit Report: The lowest-rated cohort of New Jersey municipalities are on a trend of strengthening finances, according to a report from Moody’s Ratings… Link to Story
Municipal Bond Credit Report: Ten years after: Detroit’s decade after leaving Chapter 9
Municipal Bond Credit Report: Wednesday marks the 10-year anniversary of Detroit’s exit from bankruptcy. Its Chapter 9 declaration in July 2013 was the largest municipal bankruptcy in U.S. history, and…
Municipal Bond Credit Report: Loan with 24% rate a ‘necessary evil’ for historically Black college to stay afloat
Municipal Bond Credit Report: A controversial, high interest-rate loan is helping one of the oldest historically Black colleges in the country, Saint Augustine’s University, stay afloat – for now… Link…
Municipal Bond Credit Report: Spirit Airlines bankruptcy won’t impact airport ratings
Municipal Bond Credit Report: Spirit Airlines’ bankruptcy will not affect bond ratings for Nevada, Florida and South Carolina airports, according to a Fitch Ratings commentary… Link to Story
Municipal Bond Credit Report: Defaulted Alabama hospital to get bridge loans from bondholders
Municipal Bond Credit Report: The defaulted issuer Jackson Hospital & Clinic of Birmingham, Alabama, is set to receive bridge loans from some of the holders of its bonds… Link to…
Municipal Bond Credit Report: The tangled tale of a troubled town’s water authority
Municipal Bond Credit Report: The Chester Water Authority traces its origins back to 1868, when it was created as a private entity to provide water to Chester, Pennsylvania’s residents. The…
Municipal Bond Credit Report: Headwinds buffet California’s public university systems
Municipal Bond Credit Report: The volatility in California’s state tax and revenue structure has its two massive public university systems scrambling… Link to Story
