Capital markets

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The Bay Area Rapid Transit District is set to issue its first green bonds.

Vote means Vernon, Calif., general fund transfers from utility will continue, a credit negative.

S&P Global Ratings revised its outlook on the District of Columbia's (DC) general obligation (GO) bonds to positive from stable and affirmed its 'AA' rating on the bonds. At the same time, S&P Global Ratings assigned its 'AA' rating and positive outlook to the district's series 2017A GO refunding bonds.

S&P dropped $244 million of bonds issued for an Indiana P3 further into junk territory.

Albany N.Y. was revised to stable from negative by S&P Global Ratings.

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.