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The ratings agency cited low days cash on hand and operating losses at the system, which operates one of the leading academic medical centers in Kentucky.
October 9
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The county awarded $215 million of general obligation limited tax bonds for a jail project with uncertain future funding to lowest bidder BofA Securities.
October 9
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The Howard Jarvis Taxpayers Association appealed to California's high court in a case challenging San Jose's plans to issue pension obligation bonds.
October 9
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Bondholders say the insurers reneged on the bond insurance terms, which both firms deny in filings for the case, filed six years after the COFINA restucturing.
October 9
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The Fayetteville Public Works Commission bonds are to be priced competivitely Oct. 21.
October 9
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A state appeals court found that a simple majority approval by voters was sufficient on a 2020 hotel bed tax measure that reached the ballot via initiative.
October 8
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Chicago, Los Angeles and Portland will face economic costs from the Trump administration's showy deployments of National Guard troops and immigration agents.
October 8
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Illinois school districts face worsening credit pressure due rising personnel and special education costs and slower home price growth, S&P Global Ratings said.
October 8
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The Pennsylvania healthcare system is touting plans to grow its network as it funds an expansion for its largest hospital, in York.
October 7
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Stradling clients "were fortunate to receive proactive contact from SEC staff to reschedule imminent matters leading up to the shutdown," said Kathleen Marcus, a partner at Stradling.
October 7
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A debt restructuring by Ninnekah Public Schools aimed to reduce the impact of a court-approved settlement that will still result in a huge property tax hike.
October 7
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The Department of Transportation is offering its Consolidated Transportation Bonds in a competitive sale Wednesday to what promises to be a receptive market.
October 7
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La Marque's two-notch downgrade from Moody's follows a rating cut last month by S&P; both agencies put the city on review for potential further downgrades.
October 6
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Transportation Secretary Sean Duffy also defended the administration's funding freeze on major New York transit projects.
October 6
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The three Puerto Rico Oversight Board members can resume their positions immidiately, District Court Judge Maria Antongiorgi-Jordan ruled.
October 6
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Chicago has selected its new senior manager and co-manager pools to underwrite future bond deals, five months after it released its request for qualifications.
October 6
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The Department of Transportation pulled funds from the Gateway Project and the Second Avenue Subway extension, citing alleged "DEI" violations.
October 6
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Fitch revised its outlook on the AAA-rated southern California to negative. The city is grappling with child sexual abuse claims from hundreds of people against one former employee.
October 3
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If approved, the $6 billion federal RRIF loan would be "quite positive at this juncture," an investor said.
October 3
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Interactive Brokers said it "promptly addressed the issue that gave rise to the settlement."
October 3
