Capital markets

What's in the next Illinois budget is more important to S&P Global Ratings than whether it is passed soon.

The holiday-shortened week with the usual accompanying low issuance shouldn’t overwhelm demand, putting the municipal market in a good spot at midyear.

MCE, California's first community choice aggregator, is rated Baa2 with a stable outlook by Moody's.

Pike County's “very weak” economy, budget performance and management led S&P Global Ratings to lower its ratings.

The rating agency said its new criteria only support a rating two notches higher than the state's BBB.

Veteran banker Michael Placencia will lead the firm's transportation and infrastructure efforts.

The investment bank attributed the exit of 15 from the public finance team to market conditions and a strategic review.

Seattle is among governments that have lifted sanctions against Wells Fargo following a 2016 fraud scandal.

Bell, a public finance investment banker, founded the Charles A. Bell Securities Corp.

Municipal volume will sink to $6.36 billion, with the California issuer responsible for a third of the week’s paper.

S&P Global Ratings said the Bluegrass state has become more vulnerable to fiscal stress.

S&P placed MSU on CreditWatch with negative implications, citing a lack of clarity on how the settlement will be paid for.

As Infrastructure Week ends, it’s sad to note that in the one area where all agree something must be done, there has been no progress.

Stockbridge's attorneys filed a state constitutional challenge in local court, and plan to file a civil rights complaint in federal court soon.

Two rating agencies put Presence Health's low-investment grade ratings on watch for upgrades.

The bonds are the latest of a series to restructure debt by the utility and its partner Bonneville Power Administration.

Racine County's short-term rating from Moody's dropped to MIG2 at it returns to the market for another note deal.

The situation could deteriorate because of an aging workforce and modest population growth, according to Moody's.

Strategies range from flexible pricing structures with taxable and tax-exempt bonds to public-private partnerships.

The district is promoting structural protections and fiscal gains as it prepares to go to market with a $260 million refunding.