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Gov. Jerry Brown signed a bill into law on Wednesday that will expand an existing law to require California debt issuers to disclose any direct loans from banks to the California Debt and Investment Advisory Commission.
July 23 -
Fitch Ratings has upgraded the ratings on more than $1 billion of outstanding revenue bonds issued for Stanford Hospital & Clinics.
July 22 - Washington
Lower than anticipated tax revenues from marijuana won't impact Washington State's credit rating, according to a report from Moody's Investors Service.
July 21 - California
Former Assembly Speaker John A. Pérez, D-Los Angeles, officially bowed out of the race for California's next controller after calling off the recount of votes from the primary election.
July 21 - California
California's new water usage restrictions are a credit negative for water utilities throughout the state, according to Moody's Investors Service.
July 18 -
The District of Columbia Water and Sewer Authority will close on about $450 million of debt July 23, most of it in the form of a historic green century bond issuance that DC Water's chief financial officer is crediting with introducing new investors to the large, frequent issuer.
July 18 -
The Contra Costa County, Calif. civil grand jury found that seven of its school districts have issued capital appreciation bonds in the last ten years, and is urging them not to sell any more.
July 17 -
Providence Health & Services priced a deal to finance acquisition of a California hospital, an example of the consolidation trend in healthcare as hospitals grapple with financial pressures wrought by the federal healthcare law
July 17 - California
Fitch Ratings on affirmed its AAA long-term rating and F1-plus short-term rating on the credit enhancement program sponsored by the California Public Employees' Retirement System.
July 16 - California
The Alameda Unified School District board of education gave the go ahead for a $180 million general obligation bond for school improvements to go on the November ballot.
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