Capital markets

The states intend to come to market with $600 million and $1 billion, respectively, bringing state GO credits in an improving credit environment that has held yields down.

Northwest Community became the second independent hospital to affiliate with the Evanston, Ill.-based NorthShore Health system over the past year.

Stronger-than-expected state revenues and other borrowing options meant the California School Finance Authority's note program didn't use its full authorization.

The bistate agency’s exports link increasingly to information-based services, an NYU Rudin Center study says.

The forward-delivery bond, part of its $1 billion special tax obligation issuance, was a first for the state, Treasurer Shawn Wooden said.

New York City's mayor cited roughly $15 billion in additional state and federal aid, improving COVID-19 statistics and the further lessening of restrictions in releasing his executive plan.

Nearly 40% of the fees it pays for bond sales go to women-owned, minority-owned and service-disabled veteran-owned investment banks.

They will benefit projects in transportation infrastructure, housing, educational building improvements and parks.

Forward delivery sales, a replacement for tax-exempt advance refundings, could grow in 2021.

New Jersey lines up $400M sale with outlook boost

The commonwealth's largest public pension fund acknowledged an erroneous investment return that was just high enough to avoid triggering a teacher risk-sharing provision.

Buoyed by a ratings upgrade from Moody's, the state still faces challenges including high debt and legacy costs.

Lawmakers added more money and projects to Idaho's Garvee program in 2017 partly to counter congestion from the state's massive population growth.

S&P raised CPS' junk rating by one notch, saying federal funds will boost an "already positive financial trajectory."

Moody's elevated the state's GOs to Aa3 from A1, citing a commitment to boosting rainy-day balances and sound governance during the pandemic.

Fitch said the downgrade reflects “persistent pressures on the travel and tourism sector" because of the COVID-19 pandemic.

Officials cited borrowing flexibility before a joint meeting of the transit authority's oversight board and the Massachusetts Department of Transportation.

Moody’s followed S&P in lifting Illinois’ outlook to stable, where it stood before the COVID-19 pandemic, but a lot more needs to happen for an upgrade.

Moody's is the second rating agency this month to bring its outlook on Illinois to stable, though all ratings remain at the lowest investment grade.

The suburban New York county will go to market next month armed with a positive outlook from the rating agency, its first movement on the county since 2012.