Municipal Bond Credit Report: Weak 2015 Returns Burden Illinois Local Pension Funds
Municipal Bond Credit Report: It was a year of disappointing investment returns from 11 local government pension funds in Illinois, according to the latest annual report from a state government…
Municipal Bond Credit Report: Assured Guaranty Corp. Requests that Moody's No Longer Rate AGC
Municipal Bond Credit Report: Financial guarantor Assured Guaranty Corp. (AGC), a subsidiary of Assured Guaranty Ltd. (together with its subsidiaries, Assured Guaranty)(AGO), has requested that Moody’s Investors Service, Inc. (Moody’s)…
Municipal Bond Credit Report: Chicago Public Schools to Force Staffers to Take 4 Unpaid Furlough Days
Municipal Bond Credit Report: Staring down a $215 million budget hole, Chicago Public Schools announced Friday it’ll make all staffers take four unpaid furlough days this spring on dates when…
Municipal Bond Credit Report: Chicago Schools Liquidity Worsening Amid Budget Impasse: Moody's
Municipal Bond Credit Report: The liquidity crisis at Chicago Public Schools is worsening amid a continued budget impasse at the state level, Moody’s Investors Service says in two new research…
Municipal Bond Credit Report: SEC Lists Pensions and Municipal Advisors Among Exam Priorities for 2017
Municipal Bond Credit Report: Public pension and municipal advisors are among the examination priorities for the Securities and Exchange Commission in 2017, the SEC’s Office of Compliance Inspections and Examinations…
Municipal Bond Credit Report: California Gov. Wants to Delay Selling California School Bonds
Municipal Bond Credit Report: Governor Brown proposes that bonds should remain unsold until the Ligislature establishes better auditing procedures… Link to Story
Municipal Bond Credit Report: Market Spreads Side with Moody's as Chicago Mayor Picks a Fight
Municipal Bond Credit Report: Chicago’s debt is trading at speculative grade spreads as its Mayor asks Moody’s to remove its junk-rating.. Link to Story
Municipal Bond Credit Report: S&P Downgrades Dallas to AA- Over Pension Fears
Municipal Bond Credit Report: Another credit ratings agency has downgraded Dallas’ debt because of concerns about the police and fire pension system… Link to Story
Municipal Bond Credit Report: Chicago Readies Billion Dollar GO Deal
Municipal Bond Credit Report: The city of Chicago is actively marketing an upcoming $1.16 billion General Obligation Sale… Link to Story
Municipal Bond Credit Report: Majority of State and Local Pension Plans are Adopting Reforms
Municipal Bond Credit Report: Since the financial crisis, 74 percent of state plans and 57 percent of large local plans have cut benefits or raised employee contributions to curb rising…
