Ratings

The city's utility enterprise received rating boosts ahead of a $318 million revenue bond deal that will price after this week's general obligation deal.

The shutdown of struggling Destiny USA due to COVID-19 could prompt more gambles from the property owner, a local expert says.

S&P moved its outlook on St. Louis' rating to negative due to the budgetary pressures posed by the pandemic

S&P cut its outlook on Berwyn, Illinois, GO and securitization bonds to negative over risks posed by the pandemic-induced economic shutdown and recession.

The suit contends Aaron Zahn defrauded the Jacksonville municipal utility while trying to privatize it; eight high-ranking employees were suspended this week.

Lawmakers have until June 15 to adopt a budget. Democratic leaders in the legislature have not embraced Gov. Gavin Newsom's proposed cuts.

The Queens Ballpark Co. LLC bonds for Citi Field were lowered to BB-plus from BBB by S&P, which cited uncertainties about the baseball season.

The state's ratings, just one rung above junk, are holding steady after analysts' initial review of a fiscal 2021 budget that pins hopes on future federal relief.

Moody's sees the state's budget woes as posing the most severe strain on the junk-rated district's fiscal prospects

Moody's action on Aa1-rated Nevada follows a Fitch Ratings outlook cut to negative three weeks ago as the coronavirus hammers a tourism based state economy.

Hospital margins plunged in April and recovery prospects hinge on resuming elective procedures, which depend on patient sentiment and future COVID-19 surges.

Moody’s Investors service downgraded the archdiocese to Baa1 from A1.

Moody's warns the current economic turmoil poses more pension-related credit risks for Illinois and many of its local governments than did the Great Recession.

The Evanston, Illinois-based university will offer $300 million of taxable debt as soon as Wednesday after losing its gilt-edged rating status.

New Mexico is expected to face sizable structural deficits because of declining oil and gas prices and production, the rating agency said.

Fitch Ratings downgraded Las Vegas a notch to AA-minus

Moody's revised its outlook on the Chicago Transit Authority and Regional Transportation Authority to negative as COVID-19 threatens their revenue streams.

Chicago’s motor fuel bonds, the city’s park district, and Cook County suffered rating or outlook cuts this week.

S&P revised its outlook on Detroit's speculative grade rating to negative from stable Thursday as COVID-19 clouds the city's fiscal prospects.

S&P Global Ratings changed its outlook on Chicago's BBB-plus rating to negative citing financial strains caused by the pandemic.