June Fletcher

TRENDING

Ratings

Miami Jewish Health Systems' speculative-grade ratings affirmed

Fitch Ratings said the negative outlook on the BB-plus rating reflects Miami Jewish's thin operating profile.

By Chip Barnett

April 22
Primary bond market

Munis steady before massive calendar; outflows cause some concern

The new-issue calendar will be a "good test to see if the higher absolute yields can pull buyers off the sidelines or if underwriters need to widen spreads significantly enough to reprice the entire market to clear the deals," according to Birch Creek strategists.

By Jessica Lerner

April 22
U.S. Virgin Islands

Virgin Islands governor declares emergency to pay WAPA debt

The state of emergency will let the governor use the central government's rainy-day fund to provide money to WAPA that semi-autonomous agencies of his government owe the authority. WAPA will use the money to make payments to bondholders and other creditors starting Tuesday.

By Robert Slavin

April 22