Capital markets

S&P said the rating on the senior living revenue bonds Capital Trust Agency issued for borrower H-Bay Ministries Inc. of Texas will now be withdrawn in 30 days.

Participants consider whether Illinois' recent upgrade is a one-off due to the flood of federal aid or a turning of the tide toward better fiscal decision-making that could help it climb further up the rating scale.

Michigan's fiscal recovery led S&P Global Ratings to lift its rating outlook to stable from negative. Fitch boosted its outlook to positive earlier this month.

Ridership displacement, remote work and online shopping amplify pre-pandemic challenges such as large capital plans.

After more than a decade of ratings deterioration, the lowest-rated state won an upgrade Tuesday, taking its Moody's rating to Baa2.

State Treasurer Shawn Wooden discusses the state's across-the-board bond rating upgrades, its immediate challenges and initiatives such as "CT Baby Bonds." Paul Burton hosts. (19 minutes)

Dozens of digital tools are billed as democratizing finance. But a number of entrepreneurs still see massive gaps.

Over the years, Assured Guaranty has been open to guaranteeing in the U.K. and most of Europe, Australia, and New Zealand and through AGM in the U.S. they cover certain transactions within the Latin American region.

Fitch revised Illinois' outlook to positive but the rating remains BBB-minus, the lowest investment grade.

The city council is considering the city's budget, which gave preliminary approval to a roughly $5.2 billion spending plan that allocates $156 million for violence prevention programs. Council members expect to vote on the budget Thursday.

Mayor Jorge Elorza’s $850 million POB proposal sits stalled in the state legislature while state General Treasurer Seth Magaziner called the legislation too risky.

Lawmakers could not enact the bill on the final day of the regular session, when House Republicans threatened a filibuster.

With the mayor's race riveted on public safety, candidates discussed the city’s finances in a televised debate.

The rating agency elevated its outlook to stable on the state’s general obligation bonds and various state-entity revenue bonds.

Natalie Brown replaces Dominick Mondi, who retired earlier this year.

Kestrel Verifiers has certified as green a tranche of bonds that will finance the ethanol plant in California's economically challenged Imperial Valley.

S&P Global Ratings has fewer universities and colleges with negative outlooks since the beginning of the year.

A Moody's downgrade on San Antonio's convention hotel bonds came with the lowering of the outlook to negative on the city's Aaa issuer rating.

The agency is refunding $104.5 million of Federal Transit Administration section 5307 bonds and $23 million of FTA section 5337 bonds.

The state's momentum with rating agencies continued when Fitch elevated its special tax obligation bonds to AA-minus.