Bond ratings

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.

In the last decade Omid was involved in cyber security issues.

“Chandra has built a reputation as an innovator at Moody’s,” said Tim Blake, managing director of public finance.

The agency withdrew its ratings on the commonwealth and all of its authorities for its own business reasons.

Moody's revised the outlook on Nevada's GOs and COPs to stable from negative.

The public transit agenices are benefitting from sales taxes that fared better than expected through the pandemic and the state's stronger fiscal footing

Fitch affirmed $14.3 billion of annual appropriation-backed debt at AA-plus in addition to the $1.1 billion of AAA-rated general obligation bonds.

The city faced significant challenges finishing its annual comprehensive financial report as a result of a cyberattack, an overhaul of financial systems and managing through the COVID-19 pandemic.

Kroll analysts say federal aid helped the city avoid tapping deficit financing to pass a balanced budget.

The rating agency elevated its outlook to stable on the state’s general obligation bonds and various state-entity revenue bonds.

The ratings agency said it action reflects the state’s solid economic recovery from the COVID-19 pandemic.