Capital markets

Moody's Investors Service dropped the Long Island county to Baa1 from A3.

The district will bring $75 million of new money and refunding bonds to market.

Lombard sold $3.9 million of unrated GOs in its first market test after reneging on a pledge to support bonds sold to fund a hotel.

S&P Global Ratings revised its outlook on Nevada's AA rating to positive from stable.

Alton still needs a long-term public safety pension funding solution, S&P Global Ratings said as it downgraded the city.

The Houston-based firm built by former Hilltop Securities bankers has added three key executives.

Commissioners made no mention of gun policies that led them to oust Citi and Bank of America Merrill Lynch from the deals.

Connecticut’s planned issue of credit revenue bonds is a “potentially terrible long-term solution,” says Municipal Market Analytics.

U.S. Bank’s Tom Gallo looks to the future after a five-decade career that has encompassed everything from pink sheets to the financial crisis.

Moody's Investors Service downgraded Platte County after county officials talked about refusing to honor an appropriation pledge.

Legacy costs are crowding out programmatic spending, according to a report by the Citizens Budget Commission's Ana Champeny and Maria Doulis.

S&P Global Raings dropped Verity Health System to CC.

Raymond James plans to enhance its standing in Texas public school finance with the addition of Curtil Culwell, who was superintendent of three different school districts.

Officials said the deal was undertaken to simplify the Valley Transportation Authority's debt portfolio.

Ten years ago, the financial avalanche that altered the municipal bond market gathered speed with the bankruptcy of Lehman Brothers.

The municipal bond market will be ready and waiting for the $7 billion of new issuance, including the first billion dollar deal in nearly five weeks.

The Fitch Ratings action does not affect its AAA rating for LAUSD general obligation bonds, which are rated based on a dedicated tax analysis without regard to the district’s finances.

S&P boosted the outlook on New Mexico's AA rating to stable from negative.

The Platte County Industrial Development Authority bonds funded upgrades to a suburban shopping center near Kansas City.

The GLWA will sell $400 million of new money and refunding water and sewer revenue bonds next week.