Municipal Bond Credit Report: Carvana Creditors Criticize Management, Gird for a Fight
Municipal Bond Credit Report: Investors in online used-car seller Carvana Co. say they are frustrated at how executives handled the company’s downturn and are anxious about being pushed aside in…
Municipal Bond Credit Report: Florida Developers Are Holding Off on Big Projects as Insurance Costs Surge
Municipal Bond Credit Report: David Lynd, a San Antonio-based developer of large-scale apartment buildings, had been expanding his business in South Florida. But recently, he decided to put one of…
Municipal Bond Credit Report: U.S. Government to Backstop Mortgages Above $1 Million Mark for First Time
Municipal Bond Credit Report: The federal government is about to backstop mortgages of more than $1 million for the first time in high-cost markets, such as parts of California and…
Municipal Bond Credit Report: The great American ‘homewashing’ is happening under our noses
Municipal Bond Credit Report: This is about a $1 trillion government-sponsored enterprise built upon a myth — the myth of the American home. It is also about reform on the…
Municipal Bond Credit Report: Sale of Oklahoma senior living facilities sought in bankruptcy
Municipal Bond Credit Report: A non-profit Texas corporation that defaulted on bonds sold to purchase two senior living facilities in Oklahoma aims to sell those assets through its recent bankruptcy…
Municipal Bond Credit Report: Junk-Rated Companies Face Greater Downgrade Risks as Economy Slows
Municipal Bond Credit Report: High-yield companies in the consumer goods, healthcare and entertainment industries are increasingly at risk of credit downgrades and even defaults as they battle rising interest rates…
Municipal Bond Credit Report: NYS pension fund at $233.2B despite -3.85% return
Municipal Bond Credit Report: Despite a negative return in the latest quarter, New York State’s retirement fund is “built to weather the ups and downs of the markets,” even with…
Municipal Bond Credit Report: Milwaukee takes fresh rating hits over budgetary and pension pressures
Municipal Bond Credit Report: Fitch Ratings dropped Milwaukee’s general obligation rating by two notches and S&P Global Ratings cut it by one over rising budget strains amid limited revenue-raising prospects…
Municipal Bond Credit Report: American Dream mall in New Jersey gets construction lender lifeline
Municipal Bond Credit Report: Triple Five, owner of the American Dream mall in New Jersey, has struck a deal with a group of creditors led by JP Morgan that grants…
Municipal Bond Credit Report: California’s revenue rollercoaster hits another blip
Municipal Bond Credit Report: The California Legislative Analyst’s Office’s projection of a potential $25 billion deficit in fiscal 2023-24 isn’t likely to change analysts’ ratings outlook on the state… Link…
