Capital markets

Joseph Pollock will be responsible for covering hospitals and healthcare systems across the United States.

The bill was set aside as state lawmakers limit legislation to the issues of housing, wildfires and coronavirus. Meanwhile, more cities and counties issue POBs.

Fitch Ratings affirmed its AA rating on the department's water system revenue bonds as it revised their outlook to negative.

Hospital margins plunged in April and recovery prospects hinge on resuming elective procedures, which depend on patient sentiment and future COVID-19 surges.

With the latest federal rescue package stalled, New York's mayor has asked state lawmakers to authorize an additional $7 billion in bonding.

Investors, while confident long-term about the transit authority, worry about immediate risks, Chairman Patrick Foye said in a letter.

Moody’s Investors service downgraded the archdiocese to Baa1 from A1.

Moody's warns the current economic turmoil poses more pension-related credit risks for Illinois and many of its local governments than did the Great Recession.

The Evanston, Illinois-based university will offer $300 million of taxable debt as soon as Wednesday after losing its gilt-edged rating status.

New Mexico is expected to face sizable structural deficits because of declining oil and gas prices and production, the rating agency said.

The offering of special tax obligation bonds comes as the state begins a four-phase reopening in its next response to the coronavirus.

Investors scooped up Illinois’ $800 million deal as the state dug deep into its pockets .

Fitch Ratings downgraded Las Vegas a notch to AA-minus

Moody's revised its outlook on the Chicago Transit Authority and Regional Transportation Authority to negative as COVID-19 threatens their revenue streams.

Bringing bond denominations down to $1,000 would capture goodwill from New York residents and transit riders, said Mitchell Moss of New York University.

Cheng, a six-year veteran of the rating agency, will be a senior vice president of Citi's Institutional Clients Group.

Chicago’s motor fuel bonds, the city’s park district, and Cook County suffered rating or outlook cuts this week.

S&P revised its outlook on Detroit's speculative grade rating to negative from stable Thursday as COVID-19 clouds the city's fiscal prospects.

The mass transit authority cannot tap the Municipal Liquidity Facility directly, chief financial officer Robert Foran said.

According to the survey that Tom Kozlik prepared, more than 90% of 211 analysts and specialists found coronavirus the most compelling issue facing the public finance industry. Public pensions ranked second.