Municipal Bond Credit Report: Chicago Public Schools rating and bonds get federal aid bounce
Municipal Bond Credit Report: Chicago Public Schools stands to reap about $1.8 billion in new federal COVID-19 pandemic-related aid, an infusion of funding rewarded by one rating agency and municipal…
Municipal Bond Credit Report: White House Weighs How to Pay for Long-Term Economic Program
Municipal Bond Credit Report: The Biden administration is looking past its $1.9 trillion coronavirus relief bill and starting to consider how to pay for the next round of programs meant…
Municipal Bond Credit Report: San Antonio utility gets second downgrade in wake of Texas power crisis
Municipal Bond Credit Report: San Antonio’s CPS Energy suffered a second bond rating downgrade in the aftermath of a February winter storm and cold snap that discombobulated the Texas energy…
Municipal Bond Credit Report: Texas Grid Operator Discussed Financing With Goldman as Energy Buyers Balk at $3 Billion Payment Shortfall
Municipal Bond Credit Report: The Texas grid operator has held talks with financial institutions including Goldman Sachs Group Inc. about potential financing options to address a more than $3 billion…
Municipal Bond Credit Report: The $16 Billion in Texas Power Overcharges? Market Monitor Now Pins Figure at $3 Billion
Municipal Bond Credit Report: Texas’s top utility regulator said that an independent market monitor has substantially revised a recommendation to reprice $16 billion worth of electricity charges stemming from last…
Municipal Bond Credit Report: Puerto Rico ERS bondholders gain better terms
Municipal Bond Credit Report: The Puerto Rico Employees Retirement System bondholders could be in line to get more than 14% of original par value of their investments in a tentative…
Municipal Bond Credit Report: Puerto Rico debt plan offers 9% for ERS bonds, hazy on $8 billion
Municipal Bond Credit Report: The Puerto Rico Oversight Board indicated it would offer 9% reimbursement for Employees Retirement System bonds but was hazy how it would handle $8 billion more…
Municipal Bond Credit Report: Palm Beach County charter school case may impact education throughout Florida
Municipal Bond Credit Report: A legal battle over charter school funding in Palm Beach County may have implications for public education in the entire state of Florida… Link to Story
Municipal Bond Credit Report: U.S. Jobless Claims Ease as Hiring Picks Up
Municipal Bond Credit Report: Worker filings for unemployment benefits dropped to 712,000 last week, nearing their lowest level since the pandemic fueled a surge in layoffs last March… Link to…
Municipal Bond Credit Report: Texas power, utility ratings are falling in wake of deep freeze
Municipal Bond Credit Report: Municipal credits are swirling downwards as Texas utilities seek to recover billions of dollars lost in a winter power crisis… Link to Story
