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Predictably, the rating agency cited COVID-19 effects in its downgrade to AA-minus from AA.
December 9 -
Moody's downgraded Wisconsin's largest city by one notch due to budgetary pressures.
December 3 -
The rating agency cited coronavirus-related curbs on economic activity in the commonwealth.
November 25 -
New York's mayor says the budget for the 2021 fiscal year is balanced despite the coronavirus impacts.
November 23 -
The Long Island county received its third credit downgrade this year as lawmakers prepared a 2021 budget with massive cuts to cope with virus-induced revenue losses.
November 16 -
A school official called the coronavirus-related hit "a temporary blip," and said the rating agency moved too quickly.
November 13 -
S&P Global Ratings downgrades the Garden State's general obligation bonds one notch to BBB-plus from A-minus.
November 6 -
Financial hits to Atlantic City's hospitality industry from state limitations aimed at curbing the spread of COVID-19 are hindering a state agency reliant on luxury tax revenues to pay debt service on outstanding bonds.
November 2 -
The transit agency — its revenues battered, its credit standing weakened and with no federal rescue aid in sight — looks to borrow its remaining $2.9 billion available through the Municipal Liquidity Facility.
October 29 -
The two-notch lowering to A-minus precedes the transit agency's planned $258 million negotiated sale of transportation revenue refunding green bonds.
October 26