Caitlin Devitt

Are a statutory lien and other state-crafted protections on Detroit's first post-bankruptcy bond sale enough for investors assessing the city's long-term recovery?

Standard & Poor's said it would wait to see the terms of Wayne County's consent agreement with the state before taking action on the junk-rated county.

The Wayne County, Mich., board opted to enter a consent agreement with the state government, one of the four choices it had to deal with the county's financial emergency.

Detroit is nearing its first public bond sale since bankruptcy as it posted bond documents for the deal on Thursday.

The Wayne County, Mich. board of commissioners is scheduled to vote Thursday on how to resolve its financial emergency.

Philadelphia-based Public Financial Management, the country's largest municipal advisory firm, said it has acquired Stauder, Barch & Associates, Michigan's oldest FA firm.

The latest top state court to weigh in on pension reforms ruled in Michigan last week that the state's pension reforms enacted in 2011 are constitutional, overturning two lower court decisions.

Moody’s Investors Service upgrade Dayton, Ohio-based Kettering Health, saying the eight-hospital system has seen a strong financial performance in the last two years.

Moody’s upgraded Detroit by one notch Thursday, though leaving it deep in junk territory, as the city gears up for its first post-bankruptcy bond deal.

Cincinnati’s settlement with its unions and retirees on retirement obligations is one of the reasons why Moody’s said it revised its outlook on the city to stable from negative.

Michigan Gov. Rick Snyder Thursday affirmed his earlier declaration that Wayne County is in a financial emergency, giving the county board until next week to choose among four partial takeover options.

Michigan public finance veteran Dale Deis joins top-ranked PFM after nearly 30 years at Municipal Financial Consultants in Michigan.

Standard & Poor’s assigned an A rating and stable outlook to Detroit’s first post-bankruptcy bond sale, set for Aug. 19.

Detroit is set to hit the market on August 19 with its first public bond sale since exiting the largest municipal bankruptcy in the U.S.

Cook County, Ill.'s president won't support Gov. Bruce Rauner's pension reforms even though they give the cash-strapped county many of the reforms it wants, because it would also mean supporting the governor's anti-union measures.

Columbus, Ohio, in the midst of a downtown building boom, heads into market this week for its annual summer borrowing bearing triple-A bond ratings.

Indianapolis won triple-A ratings on its stormwater bonds as it gears up for a $300 million capital plan.

Moody's upgraded Michigan one notch on Friday, citing an improved financial profile, just days after S&P boosted its outlook on the state to positive.

Cook County, Il. won rare praise from a ratings agency Thursday when Moody’s Investors Service said a new sales tax increase to pay off pensions is a credit positive.

Standard & Poor’s said Thursday that its junk ratings on Wayne County, Mich. will remain unchanged for now despite the declaration of a financial emergency.