Capital markets

The upgrade to $2 billion of outstanding debt brings the county's ratings to the AA-plus level across the board.

Declining passenger volume has put Manchester-Boston Regional Airport at risk of dropping to a near-junk bond rating.

New revenue and fewer one-shot revenue solutions make the fiscal 2020 budget more acceptable to analysts, but dark long-term clouds remain.

Kansas City International Airport is conducting a full-court press to sell the bonds, backed by a pledge tarnished by Platte County's default on appropriation-backed debt.

Siebert Cisneros Shank & Co. hired industry veterans Levi Davis and Ron Morrison as managing directors in its Dallas office.

Though monthly issuance improved to $27.46 billion, the most this year, it remained 22% below the May 2018 level.

Mayor Lori Lightfoot called on Edward Burke, the former finance committee chair, to resign from city council after new federal corruption indictments.

The United Methodist Retirement Communities' $18 million sale follows a one notch downgrade by Fitch Ratings to BBB.

Scott Waguespack will chair the committee that vets city bond deals and other financial transactions.

Stockton University’s ability to meet enrollment targets for its new satellite campus led to a rating outlook boost.

Owners of two firms will join Hilltop Securites as managing directors, the firm said.

In the week ended May 23, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged from 3.75% the previous week.

Moody's dropped the central New York county to Aa3 from Aa2.

The Connecticut Housing Finance Authority became the first housing entity to use the Secured Overnight Financing Rate when it issued $100 million of variable-rate bonds.

Allen Park's competitive bond sale came after the city's general obligation rating was raised to A-plus from BBB-plus by S&P Global Ratings.

Incoming CFO Jennie Huang Bennett and budget director Susie Park arrive as the city warns that pension contributions may rise more than previously projected.

Moody's shifted its outlook on six Illinois public universities to stable while upgrading two credits.

Illinois bonds are gaining ground in the secondary, supported by scant supply and recent fiscal developments viewed positively by investors and analysts.

Moody's Investors Service lowered the Miami-Dade County Expressway Authority’s ratings to A2 from A1 in response to state legislation.

Moody's put the Illinois State Toll Highway Authority's A3 rating on review for a downgrade in the wake of the Puerto Rico ruling.