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A limited tax base and heavy legacy obligations have hamstrung the city, according to the rating agency.
December 18 -
Moody's dropped Wood County Hospital Association to Ba1 and assigned a negative outlook.
December 15 -
The rating agency will continue to monitor financial developments in Connecticut's capital city.
December 15 -
Tim Blake of Moody’s Investors Service talks with The Bond Buyer about why the level of pension funding is now linked to the ratings of state and localities and shares the firm’s views on the financial realities many municipalities face today. John Hallacy is host.
December 14 -
S&P Global Ratings does not see an immediate credit impact for local governments and agencies impacted by the Southern California fires.
December 12 -
The state-supported Kentucky university’s bond rating was downgraded to A-plus by S&P Global Ratings.
December 12 -
Seth Magaziner said the session with Moody's, Fitch and S&P representatives enhanced transparency.
December 12 -
Alternative strategies include general obligation borrowing to offset limited bonding capacity in the special transportation fund.
December 11 -
Only weeks after Gov. Dannel Malloy signed a fiscal 2018 budget, the state has a new round of fiscal crises.
December 7 -
S&P analysts assigned a negative outlook to Mason County, Wash. in addition to a one-notch downgrade.
December 6 -
The agency keeps its AA-minus rating while calling the commonwealth less resilient.
December 6 -
Chicago's new borrowing entity brings $575 million of sales tax securitization bonds to market this week.
December 4 -
The Central Florida Expressway Authority says its deal pricing Tuesday could be up to $347 million.
December 1 -
The bonds for Florida’s Brightline train project are rated BB-minus by Fitch.
November 29 -
“Strengthened” financing agreements for the KFC Yum! Center debt, including longer taxpayer support, resulted in higher ratings.
November 29 -
Westchester County’s triple-A rating may be at risk if the large New York suburban municipality fails to establish permanent revenue streams, according to S&P Global Ratings.
November 29 -
Moody's Investors Service cited fund balance discipline as it upgraded Burlington to A2.
November 28 -
The Central Florida Expressway Authority’s senior bonds won one-notch upgrades from Moody’s Investor Service and S&P Global Ratings.
November 27 -
The Long Island Power Authority received a rating reward for debt restructuring that includes several securitization deals.
November 27 -
The commonwealth's investor conference struck an upbeat tone, thanks to its Boston economic growth and an oversubscribed bond sale.
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