Missouri

Fitch Ratings warns that mounting challenges posed by ratepayers of Missouri's Howard Bend Levee District put its 2005 bonds at greater default risk.

The refusal to hear the bond trustee's appeal appears to end the litigation over whether Platte County bears legal responsibility to repay the debt.

The Kansas City Industrial Development Authority will price more than $600 million of bonds as the replacement of Kansas City International terminals advances.

UMB will ask the state Supreme Court to consider its argument that Platte County is legally obligated to repay defaulted bonds issued for a shopping center.

The system took two rating hits over its rising debt levels and strained balance sheet metrics as it readies a $354 million borrowing.

The county has so far prevailed in legal arguments that it is not responsible for making up revenue shortfalls on shopping center bonds.

St. Louis and Indianapolis are both eyeing debt financings to expand their convention centers.

A Missouri appellate court agreed with a lower court that the county's pledge in financing agreements isn't a legally enforceable promise to make up debt service shortfalls

UMB plans to focus on higher education with its initial thrust into advisory services.

The Bi-State Development Agency, which manages St. Louis public transit, took a two-notch downgrade from S&P Global Ratings over the pandemic's impacts.

An appellate court will weigh whether a financing agreement on the Platte County IDB bonds attached more than just a moral obligation pledge.

Sorth, who joins as a managing director, will provide municipal bond underwriting and advisory services to clients in Missouri and the Midwest.

S&P moved its outlook on St. Louis' rating to negative due to the budgetary pressures posed by the pandemic

Public pension plans already received their 2020 funding by the time that the initial economic shock wave of the pandemic occurred.

Supply-starved investors flocked to the St. Louis-based private university's taxable deal, which was upsized to $450 million from $300 million.

MSD went to court to delay the $500 million bond measure slated for April 7, citing confusion and safety concerns surrounding the coronavirus.

Richard G. Bartow and his son Richard T. Bartow joined the office this week and will focus on K-12 education.

Political support lagged strong private interest in a potential privatization deal for the St. Louis airport.

The bond trustee says its appeal of a ruling that Platte County is under no legal obligation to repay $32 million of Zona Rosa bonds will be heard.

The city dropped its exploration of a privatization of the St. Louis Lambert International Airport under a federal program