Ratings

The action brings the state's issuer rating to Aa1, as well as upgrades to $1.5 billion in debt that is linked to the issuer rating.

Improved revenue growth prospects and strengthened financial resilience are the primary contributors to the outlook revision, the rating agency said.

Fitch Ratings upgraded the private institution in Biddeford, Maine, to A-plus from A-minus.

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.