Missouri

Poll finds scant support from Kansas City (Mo.) voters for bonds that would finance a new $964 million airport terminal.

Missouri heads into the market next week with $100 million of its high-grade paper to finance state and public university building projects as lawmakers have wrapped up work on a fiscal 2017 budget with a final vote still looming on a gasoline tax proposal.

Ferguson, Missouri’s bond ratings fell deeper into junk territory amid the fiscal strains of dealing with fallout from a controversial 2014 fatal police shooting.

Missouri Senate passes a bill setting up a statewide gasoline tax referendum in November.

St. Louis-based Ascension Health Alliance is set to bring $1.9 billion of bonds to market in deals that fold into one package the system's new money needs, refunding opportunities and refinancing of inherited debt.

Three years after entering the Texas market, UMB Bank is expanding its investment banking division with 11 hires from other firms, led by Victor Pucciarelli, former senior vice president for Hilltop Securities.

The results of bond-related ballot measures in Missouri Tuesday offer mixed credit results, Moody’s Investors Service said.

Kansas City heads into the market Thursday with a $332 million new money and refunding special obligation backed issue.

St. Louis, its sewer district, and Kansas City scored fiscal victories in elections Tuesday in Missouri, when Ferguson voters rendered a split decision on proposed tax increases.

Missouri Attorney General Chris Koster is appealing a state court ruling that blocks a portion of a 2015 law aimed at reining in local governments’ reliance on municipal court fines to fund operations.

Ferguson and the U.S. Justice Department will soon seek court approval on a consent agreement that outlines municipal court and policing reforms.

Voters in the St. Louis region face a series of ballot measures April 5 that stand to profoundly impact their local government’s fiscal fortunes.

Ferguson, Mo.’s already junk-level rating was placed on review for downgrade because of threats to the city's solvency after it rejected a negotiated consent decree with the U.S. Justice Department for the tactics of its police department.

The Missouri House intends to restore the $12 million appropriation – recently stripped from the state’s pending fiscal 2017 budget -- that goes to repay its share of debt issued for the St. Louis Rams’ stadium.

Moberly, Missouri, which fell to junk-bond status after reneging on an appropriation pledge, inched closer to an investment grade with a two-notch upgrade from Standard & Poor's to BB-minus.

The Midwest lagged the national uptick in issuance last year as the conservative region did take advantage of low interest rates to refund debt but held tight the purse strings on new money borrowing.

St. Louis and Missouri leaders say they won’t waver in paying off Edward Jones Dome bonds, though the stadium’s National Football League’s tenant has decamped for California and state lawmakers may balk.

The U.S. Justice Department filed suit against Ferguson, Mo., after the city rejected portions of a negotiated consent decree stemming from a fatal police shooting, adding more financial uncertainty for the city’s already junk-rated credit.

Morgan Keegan & Co. Inc. will pay $850,000 to settle securities fraud charges brought by Missouri Secretary of State Jason Kander over the firm's underwriting of $39 million of bonds issued for a failed artificial sweetener plant.

A Moody's Investors Service report evaluates the risks and benefits of public and private financing amid a surge in new U.S. stadiums targeting professional football and soccer.