Massachusetts

Moody’s Investors Service affirmed the Baa1 rating assigned to Boston Medical Center’s bonds, and revised the outlook to stable from negative.

A court ruling that relieves Boston of its financial obligation to a police education incentive program is a credit positive, Moody’s Investors Service said.

State Treasurer Steven Grossman appointed Enrique Zuniga to the nascent five-member Massachusetts Gaming Commission.

Boston will go to market again on Wednesday with $238 million of new-money and refunding general obligation bonds sold through competitive bid.

Standard & Poor’s revised the outlook to stable from negative and affirmed the BB-plus long-term rating on the Massachusetts Development Finance Agency’s revenue bonds that were issued for Eastern Nazarene College of Quincy, Mass.

Moody’s Investors Service affirmed Simmons College’s Baa1 rating, and revised its rating outlook for the Massachusetts institution to positive from stable. The move affects about $182 million in debt.

Standard & Poor’s revised its outlook to stable from negative and affirmed its BBB-plus ratings on the Massachusetts Development Finance Agency’s Series 2008 and 1998 bonds issued for the Boston Medical Center.

The $100 million retirement fund for Lexington, Mass., is making its initial infrastructure investment, which could exceed $6 million.

The Cohasset, Mass., town manager says his objections to a request for proposals for a water service contract triggered his suspension by the board of selectmen, which wants to fire him.

Massachusetts Treasurer Steven Grossman has named Jack McCarthy the permanent executive director of the Massachusetts School Building Authority.

Nixon Peabody LLP public finance attorney Navjeet Bal has joined the board of directors of the Massachusetts Budget and Policy Center.

Massachusetts plans a sale of $400 million of general obligation bonds by competitive bid on Tuesday.

Massachusetts Treasurer Steven Grossman, Administration and Finance Secretary Jay Gonzalez and Comptroller Martin Benison announced the unveiling of the the state’s Open Checkbook website.

Dana Levenson jumped at the chance to be chief financial officer of the Massachusetts Department of Transportation.

Massachusetts Treasurer Steven Grossman has detailed his process for appointing a member to the new five-member Gaming Commission.

Massachusetts issued $1.2 billion in cash-flow notes at what Treasurer Steven Grossman called record-low interest rates.

Massachusetts is scheduled to sell $1.2 billion of general obligation revenue anticipation notes in two $600 million series by competitive sale on Tuesday.

Moody’s Investors Service downgraded Saints Medical Center of Lowell to Caa1 from B1 after it and the for-profit Steward Health Care System of Boston ended their merger discussions.

Moody’s Investors Service has assigned a Aa2 to the University of Massachusetts’ $28.1 million of tax-exempt, fixed-rate Series 2011 revenue refunding bonds.

The Massachusetts School Building Authority plans a $600 million sale of Series 2011B senior dedicated sales tax bonds through negotiated bid on Thursday after a one-day retail order period.