-
The delays have led to a technical default by the design-build contractor on the $450 million project to design, finance, build, operate and maintain the Thruway's 27 service areas.
December 4 -
The College of Saint Rose, a private Roman Catholic school in Albany, said Friday it plans to close after this academic year.
December 4 -
Prices have fallen for Alabama private activity bonds issued for wood pellet producer Enviva amid the firm's larger struggles.
November 15 -
Senior Choice Inc. failed to make interest and principal payments due Oct. 31 on its $15.9 million bond issued in 2006 by the Cambria County Industrial Development Authority, according to a regulatory filing Wednesday.
November 2 -
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 -
A $25.5 million cash offer plus some equity was made to acquire Legacy Park, which was financed with $284 million of now-defaulted revenue bonds.
October 25 -
At least two schools are facing the legal costs of terminating the transactions as well as pursuing alternative financing for almost $500 million in construction projects.
October 24 -
Plans for a garbage-to-jet fuels facility in Gary, Indiana, are on hold after bonds for the same operator's plant in Nevada went into default.
October 20 -
Legacy Cares, which filed for bankruptcy in May, is trying to sell Legacy Park, which was financed with now-defaulted bonds issued in 2020 and 2021.
October 4 -
The settlement, which hinged on a successful exchange of old bonds for fresh debt, resolves long-running investor litigation.
August 29