Capital markets

Legacy Health, an eight-hospital Portland, Ore.-based healthcare system, that abandoned merger plans in May received a downgrade and negative outlook from Moody's Ratings.

The world's biggest opera house has been downgraded for the second time this year.

San Francisco Bay Area Rapid Transit has struggled to regain ridership after the pandemic.

The 10-campus public university system apparently scrapped plans to price $1.5 billion in debt this week.

While Trump's trade war has roiled markets, unnerved foreign governments and provoked criticism from leading economists, S&P affirmed its AA-plus rating for the U.S. — a score it's given since 2011, when it first downgraded the world's largest economy from AAA.

Doe announced his decision to hand over the day-to-day duties to his partners in a client email on Friday.

Hunt Memorial Hospital District's distressed finances led to downgrades to Ba3 by Moody's Ratings and B-plus by S&P Global Ratings, with both giving it a negative outlook.

Through June 30, BAM insured 11 transactions with par of $100 million or more, with four more deals coming since then, the company said.

The rating agency cited the MTA's congestion pricing program, ridership recovery, healthy liquidity levels, and continued state support for the higher rating.

Citing a "meaningful improvement in the state's balance sheet," S&P Global Ratings Monday upgraded New Jersey to A-plus from A.

The University of California is slated to price $1.5 billion in revenue bonds next week even as it battles Trump administration threats to research funding.

Hospital acquisitions, expansions and the anticipation of federal policy changes has increased bond issuance from the California Health Facilities Financing Authority.

School districts are facing many challenges, including less federal funding, increased competition, declining enrollment and inflating costs.

The port, which operates Seattle-Tacoma International Airport, received a Moody's Ratings upgrade ahead of a $761 million revenue bond deal slated for next week.

Columbia College Chicago was lowered one notch to BB-plus from BBB-minus by S&P Global Ratings, citing the school's falling headcount and diminished demand.

The airport, also selling $412.8 million of new money, will join a bevy of issuers who have deployed a tender offer in the hope of realizing refunding savings.

Port Freeport's decision to go property tax-free resulted in a revenue bond rating downgrade from S&P and raised disclosure questions.

An academic paper presented at the Brookings Institute's annual conference found that future wildfire risks are already having economically significant impacts on financial markets, municipal borrowing costs and vulnerable communities.

The county comes to market on the strength of its recovery, according to the county's financial advisor.

The top suite of firms oversaw deals amounting to more than $139 billion par value across 58% of the market.