Ratings

Moody’s projects more utility privatizations as local issuers look to cope with financial distress and sidestep maintenance and compliance costs.

New Jersey’s Essex County neared the top of the bond rating charts 15 years after sitting in triple-B territory.

Material financial problems, including federal sanctions, led Moody's to lower the rating to B1.

Moody's dropped Mercy Hospital to B1, affecting $71 million of debt.

A mix of debt restructuring and labor concessions could keep Connecticut's capital out of bankruptcy court.

The end of a casino revenue sharing agreement impacts the city's credit, says S&P.

John Sugden reflected on his 15-year career as an analyst and pension expert for S&P Global Ratings.

The rating boost from Moody’s Investors Service came ahead of a $250 million bond sale.

Foxconn, a Taiwanese electronics manufacturer, said it will make a $10 billion investment in southeastern Wisconsin.

The state's appropriation backed debt was also upgraded.

Revenue volatility and bond-rating agency opinions can complicate states' rainy-day planning.

"This is deeply troubling," treasurer Joe Torsella said of the commonwealth's revenue situation

The rating agency cited a liquidity boost from its sewer-system sale.

With no asset to show for more than $4 billion of debt, Santee Cooper’s bonds were downgraded by S&P.

Illinois Gov. Bruce Rauner's veto of school aid legislation jeopardizes school funding and ratings, Fitch reports.

Increased state aid can stabilize Indiana schools' credit for a couple of years, but benefits will ultimately be offset by higher costs, S&P says.

The rating agency said it doesn’t expect the budget to directly result in any local government rating changes, though school districts remain vulnerable to a possible impasse over funding.

Four of Illinois’ junk-rated public universities won an upgrade from S&P Global Ratings.

Moody's cited a vote to raise employer contribution rates.

Illinois bonds saw a slight price bump in reaction to Moody's confirmation of the state's Baa3 rating.