Ratings

Fitch Ratings cut the Philadelphia-based Catholic university to BBB-minus, with a negative outlook.

The risk of a state takeover of the bankrupt utility, which Gov. Gavin Newsom has suggested, is not incorporated into California's rating, S&P said.

S&P Global Ratings elevated Nevada's rating to AA-plus, two days after a Moody's upgrade.

The labor deal with teachers to end an 11-school-day strike puts pressure on Chicago Public Schools in the out years, say FItch and S&P.

Moody's Investors Service upgraded $1.2 billion of general obligation bonds to Aa1 from Aa2.

Competitive pricing and speed convinced the owners of the Carlsbad, California, plant to use a taxable bank loan instead of tax-exempt debt.

The authority is slated to issue $41.9 million of revenue refunding bonds in a competitive deal Thursday.

Mayor Lori Lightfoot needs to achieve her 2022 target of structurally balancing the city’s books to preserve Chicago's BBB-plus rating, S&P said.

State Treasurer Randy McDaniel said the state’s efforts to increase reserves, eliminate structural deficits, improve pension finances, and diversify the state’s economy are working.

ProMedica Health System was downgraded to Baa3 by Moody's Investors Service, which assigned a negative outlook.