Missouri

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.

Missouri’s transportation chief warned lawmakers that state lacks funds to rebuild aging roads and bridges.

Kansas City, Missouri heads into the market with a nearly $200 million new money and refunding sanitary- sewer system revenue deal Wednesday as the city chips away at needed infrastructure upgrades and its $4.5 billion overflow control program.

The Los Angeles Rams' planned stadium in Inglewood, Calif. is a credit positive for the city, Moody's Investors Service said.

The St. Louis Rams beat out two other National Football League franchises and won the league’s permission to relocate to the Los Angeles area, where they plan to build a stadium in Inglewood.

Missouri will go ahead with planned road work with unexpected jump in gas tax revenues and a five-year extension of federal highway funding.

The National Football League confirmed that the Oakland Raiders, St. Louis Rams and the San Diego Chargers all submitted applications to relocate to the Los Angeles area.

Missouri officials are waiting for the National Football League to decide if the St. Louis Rams can relocate despite a $1 billion stadium financing package designed to keep the team from leaving.

The Metropolitan St. Louis Sewer District board signed off on a rate hike and sending a $900 million bonding authorization to voters on the April 5 ballot.

Ferguson, Missouri’s rating has sunk further into speculative grade territory as the city’s struggle to recover from a controversial 2014 police shooting continues to batter its once healthy balance sheet.

Standard & Poor's raised St. Louis’s parking revenue bonds by one notch as the credit profile received a boost from a recent rate increase.

Improving operating margins helped win Missouri-based Mercy Health a stable outlook from Moody's Investors Service.

Missouri has turned east to New Hampshire for a new head of transportation.

Investors holding about $27 million of bonds issued for a failed sucralose plant in Moberly, Missouri have reached settlements with the financial firms they sued in state court, weeks after a federal class-action case was settled.