Capital markets

Both S&P Global Ratings and Moody's Investors Service lifted their outlooks, citing a rebound from pandemic-driven budget pressures.

Making the Federal Reserve's Municipal Liquidity Facility a permanent emergency lending program would be “valuable and forward thinking," Connecticut Treasurer Shawn Wooden told a House subcommittee.

Fitch cited the state's stronger-than-anticipated rebound from the pandemic's lows in revising the outlook on its AA-plus rating from negative.

The commowealth is flush with cash but still managing the effects of the COVID-19 pandemic.

Ridership on the RTA's three service boards remains sharply below pre-pandemic levels but it benefits from coronavirus relief and stellar sales tax performance.

The Long Island utility intends to sell electric system general revenue bonds in three tranches.

The 16-year public finance veteran has concentrated much of his career on aviation-related financings.

Altru's deal drew a downgrade from Fitch Ratings and a raised outlook from Moody's Investors Service.

Moody's moved its outlook to positive on Minnesota's Aa1 rating, and S&P went to stable from negative on its AAA rating ahead of the state's annual bond sale.

Analysts cited long-term structural balance and high reserves in lifting S&P's outlook on the Golden State's AA-minus rating.

The New York City convention center's bonds are backed by hotel tax revenues that have been slow to recover from COVID-19.

Moody's Investors Service upgraded St. Louis to A3 from Baa1 citing a "materially improved financial profile."

S&P has Muncie and Plainfield on its watch list with negative implications.

The fast-growing Texas capital was downgraded by Fitch Ratings ahead of a $328 million bond sale that is expected to price in September.

Kroll Bond Rating Agency upgraded Wisconsin’s general obligation bonds to AAA from AA-plus and S&P Global Ratings lifted them to AA-plus from AA.

Kroll Bond Rating Agency also affirmed the city’s general obligation bond rating at A.

Fitch Ratings also maintained a negative outlook on BART.

A speculative-grade deal to build on-campus housing at Santa Rosa Junior College is a first for a conduit issuer operating out of the State Treasurer's Office.

The $1.4 billion seaport revenue refunding bond deal Wells Fargo will price next week will be the largest port transaction since the COVID-19 pandemic began.

A federal judge denied Nuveen's motion to dismiss Preston Hollow's antitrust lawsuit concluding a "plausible" claim exists to proceed. PHC faces a tougher legal road ahead in proving its rival orchestrated a damaging boycott.