Capital markets

Moody’s Investors Service placed an Indiana school district on review for upgrade after the state changed its school credit enhancement program.

Atlanta closed Thursday on its $226.2 million water and wastewater refunding.

Assured Guaranty Ltd., the biggest municipal bond insurer, reported gains in first-quarter profit, boosted by the acquisition of MBIA UK Insurance Limited.

Gov. Jim Justice called West Virginia lawmakers into special session to “fix the budget crisis.”

Hawaii received a Fitch Ratings outlook boost to positive ahead of an $856 million bond sale.

Rick Kolman has joined Academy Securities as a managing director.

Milwaukee takes competitive bids on $270 million of debt Thursday.

Ohio's Wright State University was dropped to Baa2 from A2 by Moody's Investors Service.

S&P Global Ratings said it has lowered its issuer credit rating (ICR) on the State of Wyoming to AA-plus from AAA, and lowered its associated school district guarantee program rating on Fremont County School District No. 1 to AA-plus from AAA.

Fitch Ratings said it has downgraded Puerto Rico Aqueduct and Sewer Authority bonds to C from CC.

Louisiana’s GOP-led Legislature wants severe cuts to balance the state budget instead of state tax reform.

Continued financial stability was cited as Moody's upgraded Central Falls, R.I. to Ba1.

New York University was upgraded by Moody’s Investors Service ahead of a $652 million deal.

The outlook on Mississippi’s AA S&P rating was revised to negative.

MetroHealth's ratings tumbled three notches to reflect its sizable new debt load.

Lawrence, Kan., introduced a new investor website to broaden the appeal of the college town's debt.

Texas' largest school district, the Houston ISD, will price a record $838 million of bonds.

Kevin Holloran, previously health care analyst for S&P Global Ratings, has joined Fitch Ratings where he will lead analysts covering the sector.

S&P Global Ratings will continue to base California school GO ratings on budgets and operations.

Municipal bond traders returning to work Monday will face a moderate new issue calendar of $7.02 billion, made up of $5.96 billion of negotiated deals and $1.06 billion of competitive sales.