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ProMedica Health System was downgraded to Baa3 by Moody's Investors Service, which assigned a negative outlook.
October 23 -
Improving the capital city's system could generate tax-base growth and economic activity, according to Moody's Investors Service.
October 22 -
Taxable bonds will replace interim financing that funded land acquisition for the plant, which may not match the vision that drew state and local subsidies.
October 21 -
Although the supply/demand ratio is still lopsided, the recent surge had made things a little more balanced.
October 18 -
BondWave LLC has made several enhancements to its Engine for Fixed Income platform.
October 18 -
The agencies aren't concerned about the ongoing strike, but the final contract will determine if Chicago Public Schools continues its slow rating progress.
October 18 -
S&P Global Ratings revised to positive from stable the outlook on its BBB-plus rating for the long-troubled city on the Delaware River.
October 18 -
The bond insurer may be seeking a more receptive audience for its claim that underwriters provided incomplete and misleading information about the bonds it insured.
October 17 -
California's largest-ever competitive taxable deal, which followed two upgrades, drew 10 or more bidders for each tranche.
October 17 -
Moody's lifted California to Aa2 ahead of plans to sell $1.1 billion of general obligation bonds.
October 15 -
Twice-indicted Fall River, Massachusetts, Mayor Jasiel Correia II intends to take a leave of absence and end his run for re-election.
October 15 -
Climate expert Alan Rubin of Blank Rome LLP discusses resiliency and recovery funding mechanisms, rating agency dynamics and how states and cities can cope effectively. Paul Burton hosts.
October 15 -
Rampant issuance continues with $12.4 billion, heavy on taxable deals. Meanwhile, the end of this volatile week had the secondary getting whacked with AAA benchmarks showing big cuts.
October 11 -
Fitch raised the airport's rating by one notch to A, citing rising traffic levels and robust financial metrics.
October 10 -
Moody's Investors Service cut OSF Healthcare System to A3 from A2.
October 10 -
The rating agency upgraded the hospital system to Aa2 from Aa3.
October 9 -
Green bonds and taxables dominate the Massachusetts Water Resources Authority's $620 million sale.
October 9 -
Spending and economic strains loom as challenges for the state government, S&P Global Ratings’ Carol Spain said in a recent presentation.
October 8 -
Neighborly's CEO Jase Wilson said the payroll stop was needed while the company restructures itself away from municipal bonds.
October 8 -
The strength of the state’s credit profile, coupled with a supply-demand imbalance for tax-exempt bonds, has helped the state in the market, a new report says.
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