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Most consolidated rent-a-car facility debt is structured with solid debt service reserves, a cushion for investors after the coronavirus halted travel.
June 22 -
The former Loop Capital executive has nearly two decades of experience in underwriting and institutional sales.
June 16 -
Renewable energy — already supplanting coal on the basis of economics — could become the major power source 15 years earlier than expected, researchers said.
June 15 -
With data from the two worst months of the year so far, state and local analysts are beginning to size up expected revenue losses.
June 11 -
The cities enter a primary municipal bond market prepared to absorb $9 billion of deals this week.
June 8 -
The pandemic's effect on public transportation has revived debate about the role of bicycles, ferries, in-city commuter rail and other alternative modes.
June 8 -
Sales tax collections fell 13.2% compared to the same month last year, the steepest decline since January 2010
June 2 -
Cities and counties of fewer than 500,000 are seeing a fraction of the reimbursements for coronavirus spending that their larger counterparts received.
June 1 -
The system is managing the pandemic's impact on its campuses and hospitals, as well as a drop in the price of oil, which supports it financially. Neither situation is expected to shake its rating strength.
May 18 -
With its amusement parks and stadiums shut down the city, which is prepping a bond refunding, is bracing for an $18 million hit to tax revenues.
May 11