Municipal Bond Credit Report: How Important Are Pension Risks to Investors?
Municipal Bond Credit Report: Responding to a report that downplayed the importance of unfunded public pension liabilities, investors said they value the funded-liability metric and see pensions in general as…
Municipal Bond Credit Report: March Muni Volume Plunges Amid Political Turmoil
Municipal Bond Credit Report: Municipal bond volume dropped 30% in March and finished under $30 billion, as political and interest rate concerns kept issuers out of the market… Link to…
Municipal Bond Credit Report: Westinghouse Eyes Friday (3/31/2017) for Possible Ch. 11 Filing
Municipal Bond Credit Report: Japan’s Toshiba Corp has informed its main lenders it is planning for U.S. nuclear unit Westinghouse Electric Co LLC to file for bankruptcy on March 31,…
Municipal Bond Credit Report: U.S. states lower revenue estimates amid tax, economic uncertainty
Municipal Bond Credit Report: U.S. states are reducing their tax revenue forecasts due to concerns over a projected slump in economic growth, low oil prices, possible federal tax cuts and…
Municipal Bond Credit Report: Pension Debt Triggers New Jersey Downgrade
Municipal Bond Credit Report: Moody’s Investors Service downgraded New Jersey’s credit rating Monday over concerns with the state’s growing pension debt, low cash reserves and an economy that’s growing only…
Municipal Bond Credit Report: Catholic Health Initiatives hit with Moody's Downgrade
Municipal Bond Credit Report: Moody’s Investors Service downgraded the debt of Catholic Health Initiatives this week to two notches above junk, following a similar downgrade earlier this month by S&P…
Municipal Bond Credit Report: Houston Mayor Sees Pension Bond Vote Requirement as 'Poison Pill'
Municipal Bond Credit Report: A bill requiring a vote on $1 billion of pension bonds is a “poison pill” that could derail Houston’s efforts to restructure its debt to city…
Municipal Bond Credit Report: Report Raises Disagreement Over Pension Funding
Municipal Bond Credit Report: Retirement Security Initiative, an advocacy group for fairness and solvency in public sector retirement plans, is taking issue with a University of California report that argues…
Municipal Bond Credit Report: Portland, Maine Receives Ratings Upgrade
Municipal Bond Credit Report: Portland was upgraded one notch to AA-plus on Feb. 24 by S&P Global Ratings, citing the city’s improved budgeting and boost in reserves… Link to Story
Municipal Bond Credit Report: How Long Can Illinois Hold Onto Investment Grade Ratings?
Municipal Bond Credit Report: Illinois’ sovereign powers over spending and revenues and its sturdy general obligation repayment statute are being tested as its budget gridlock inches toward the two-year mark……
