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This decision will accelerate foreign buyers' reduced presence in the muni market, said Vikram Rai, head of municipal markets strategy at Wells Fargo.
February 16 -
The ratings agency cited federal support and military spending on the island as keys to its decision.
January 25 -
"The upgrade reflects an expected continuation of very strong and consistent operating performance and revenue growth," Moody's said.
January 22 -
Moody's also affirmed the A1 rating on the authority's $3.2 billion of general revenue bonds and the A2 rating on the $2.5 billion of general revenue junior indebtedness obligations.
January 5 -
"Higher education is going to be facing continued challenges in the near term," said Tom Kozlik, managing director at Hilltop Securities.
December 8 -
The downgrade of Issaquah School District 411 to Aa1 affects $670 million in debt.
November 28 -
The number of municipal bond delinquencies declined in the third quarter, despite some dramatic outliers that Moody's Investors Service characterized as idiosyncratic in a report released Monday.
October 31 -
The upgrade "reflects a material improvement in the MTA's fiscal outlook, which was largely driven by New York State increasing the maximum rate of the payroll mobility tax," Fitch said.
October 25 -
The upgrade was spurred by improving ridership as well as increased financial flexibility, said S&P credit analyst Joseph Pezzimenti.
October 4 -
The Bond Buyer's Keeley Webster talks ratings, fare integration and potential solutions to the Bay Area Regional Transit's current challenges with Bryant Jenkins, a managing principal with Sperry Capital. (34 minutes)
October 3