Municipal Bond Credit Report: Governments Are Turning to Banks for Easy Money
Municipal Bond Credit Report: In the years since the Great Recession, state and local governments have increasingly borrowed money directly from banks instead of issuing public bonds. The loans, they…
Municipal Bond Credit Report: SCE&G backs off plan that could hit customers for costs of failed nuclear plant
Municipal Bond Credit Report: SCE&G withdrew plans Tuesday to charge ratepayers billions of dollars more for a nuclear expansion project the company does not intend to complete… Link to Story
Municipal Bond Credit Report: Cook County preps sale as beverage tax controversy rages on
Municipal Bond Credit Report:Cook County, Ill. hits the market Thursday with $165 million of its high-grade sales tax-backed paper… Link to Story
Municipal Bond Credit Report: Florida CDDs rebuke residents opposing bond deal
Municipal Bond Credit Report: Two central Florida community development districts contend their residents used “sophistry” in trying to persuade a judge not to approve the district’s bonds, attorneys said in…
Municipal Bond Credit Report: CPS proposes $5.7 billion budget, including $269 million in help from city
Municipal Bond Credit Report: Chicago Public Schools on Friday unveiled a $5.7 billion operating budget “framework” for the coming school year that relies on well over a quarter-billion dollars in…
Municipal Bond Credit Report: Illinois misses school payment amid funding dispute
Municipal Bond Credit Report: Lack of a new education funding formula prevented Illinois on Thursday from sending hundreds of millions of dollars to 852 public school districts, punching a hole…
Municipal Bond Credit Report: South Carolina Gov. Henry McMaster, Santee Cooper say they have potential buyers for all or part of state power company
Municipal Bond Credit Report: Gov. Henry McMaster and Santee Cooper say they have companies considering buying all or part of the state-run power utility that could help restart a $9…
Municipal Bond Credit Report: With pension changes in hand, Dallas and Houston will ask voters for bond authority
Municipal Bond Credit Report: Two of Texas’ largest cities are sizing up $2.5 billion of bond proposals for the November ballot… Link to Story
Municipal Bond Credit Report: Moody's Warns State Budget Gridlock Could Make Hartford's Fiscal Woes Worse
Municipal Bond Credit Report: Moody’s is warning its clients that the financially troubled city of Hartford is rapidly approaching debt repayment deadlines in September and October, and that the state…
Municipal Bond Credit Report: MBIA Inc. Reports Second Quarter 2017 Loss of $1.2 Billion
Municipal Bond Credit Report: MBIA Inc. (NYSE:MBI) (the Company) today reported a consolidated GAAP net loss of $1.2 billion, or $(9.78) per share, for the second quarter of 2017 ……
