Bond ratings

Moody's rewarded Detroit's strides in keeping its books balanced and building reserves with an upgrade that leaves it two notches below investment grade.

Fitch also affirmed the city’s AA-minus general obligation bond and issuer default ratings.

Despite competitive and demographic headwinds, Villanova's strong academic reputation as a selective private university will support student demand, Moody’s said.

Price has deep experience at the SEC, and Abonamah was once a top presence in the muni office.

Moody’s also assigned an A1 to the authority's $950 million of forward delivery refunding bonds.

S&P raised the Metropolitan Nashville Airport Authority, Tennessee's senior-lien airport revenue bonds issued for the Nashville International Airport to A-plus.

The city’s financial status was so distressed after the 2008 economic crash that there was talk of insolvency.

California has produced increasingly late audited financial documents since it fully launched FI$Cal, the state's massive financial technology system in 2019.

Fitch raised the CBOE’s issuer default rating and outstanding unlimited tax GOs to BB-plus from BB and outstanding dedicated capital improvement tax bonds to A from A-minus.

The rating agency also confirmed the city’s Ba2 rating on $191 million of outstanding water and sewer revenue bonds.

KBRA says the deal will allow for expansion.

Climate change can magnify existing state and local credit issues.

The debt-averse state's long-term management of its finances and recent growth earned it a triple-A rating from Fitch.

The massive Chicago-based system that operates in 21 states scored a ratings boost from S&P and a revised outlook to positive from Fitch.

S&P said the AA-minus rating on the city’s limited ad valorem and non-ad valorem bonds was supported by Miami's strong economic recovery.

Moody's joined the other three rating agencies in returning O'Hare's outlook to stable as Chicago plans to tap an up to $2.3 billion new money and refunding authorization next year.

S&P raised the Hillsborough County Aviation Authority, Florida’s customer facility charge revenue bonds for Tampa International Airport to A-minus from BBB-plus. It also raised HCAA's senior and subordinate liens for TPA.

Wisconsin reported healthier-than-expected fiscal 2021 results that should benefit a new money deal planned for next month.

Illinois passage of clean energy legislation cleared the deck for AMP Ohio's stalled refunding of Prairie State bonds, but mandates that would force the plant's eventual closure loom large.

Retiree medical benefits are creating an overhang for states as they continue to grapple with the pandemic, analysts said.