General obligation bonds

The bus operator for 12 Dallas County school districts defaulted on its June 1 debt payment and faces a voter referendum on its continued existence.

Illinois spreads widened as investor confidence waned that the state can resolve its budget deadlock.

Connecticut-based insurance behemoth Aetna confirmed relocation talks with other states.

Illinois is trying to block efforts to put Medicaid providers on par with debt service payments.

Chicago's school board advanced plans to sell $900 million of short-and-long term debt.

California school districts are still waiting for the windfall from November's bond elections.

Bankruptcies and defaults have taught the market that General Obligation bonds, once the bedrock credits, aren't all the same.

Hartford, Conn.’s latest downgrade shows Connecticut must help the city avert bankruptcy, said Mayor Luke Bronin.

Gov. Dannel Malloy presented a new Connecticut budget as two rating agencies downgraded the state.

A Dallas school bus agency fell to a junk bond rating as a potential default neared.

Maine's governor and treasurer reached an accord to enable a June transaction to proceed.

A bond sale Maine had planned for transportation is in limbo after the governor complained.

Hawaii received a Fitch Ratings outlook boost to positive ahead of an $856 million bond sale.

Puerto Rico's government and oversight board will both have roles, said board member David Skeel.

Milwaukee takes competitive bids on $270 million of debt Thursday.

The outlook on Mississippi’s AA S&P rating was revised to negative.

Lawrence, Kan., introduced a new investor website to broaden the appeal of the college town's debt.

Texas' largest school district, the Houston ISD, will price a record $838 million of bonds.

Overhaul would result in higher-rated paper, Nappier says.

Virginia’s budget imbalance stemming from soft revenue growth and spending down its savings led S&P Global Ratings to revise the outlook to negative on the state’s AAA general obligation rating.