Capital markets

Material financial problems, including federal sanctions, led Moody's to lower the rating to B1.

Moody's dropped Mercy Hospital to B1, affecting $71 million of debt.

A mix of debt restructuring and labor concessions could keep Connecticut's capital out of bankruptcy court.

The borrowing will pay for settlements with six casino properties.

The leadership change comes after a rating setback prompted the firm to stop seeking new muni business.

Former William Blair banker Peter Raphael joined the firm's public finance team.

The end of a casino revenue sharing agreement impacts the city's credit, says S&P.

John Sugden reflected on his 15-year career as an analyst and pension expert for S&P Global Ratings.

The rating boost from Moody’s Investors Service came ahead of a $250 million bond sale.

Foxconn, a Taiwanese electronics manufacturer, said it will make a $10 billion investment in southeastern Wisconsin.

Peter DeGroot, Strategist and Head of Municipal Research at JPMorgan, joins us to discuss his views on the municipal market for the second half from both the technical and credit aspects. Hosted by John Hallacy.

Primary municipal bond market volume is expected to inch up to $7.3 billion, as analysts expect the muni market to stay on a path of suppressed supply and deep demand.

The state's appropriation backed debt was also upgraded.

Revenue volatility and bond-rating agency opinions can complicate states' rainy-day planning.

"This is deeply troubling," treasurer Joe Torsella said of the commonwealth's revenue situation

The rating agency cited a liquidity boost from its sewer-system sale.

With no asset to show for more than $4 billion of debt, Santee Cooper’s bonds were downgraded by S&P.

Assured Guaranty Ltd., the largest municipal bond insurer, reported gains in second-quarter profit, boosted by share repurchases and lower reserve additions for Puerto Rico losses.

Illinois Gov. Bruce Rauner's veto of school aid legislation jeopardizes school funding and ratings, Fitch reports.

Increased state aid can stabilize Indiana schools' credit for a couple of years, but benefits will ultimately be offset by higher costs, S&P says.