Junk bonds

Authority warns of rolling blackouts in 2020.

Two rating agencies affirmed Bridgeview, Illinois, at junk after the Chicago Fire agreed to pay the village to escape its stadium lease.

Junk-rated Bridgeview will receive $65.5 million to allow the Chicago Fire to escape the lease and move to a center-city venue.

The Water and Power Authority's fuel supplier is demanding $20 million by Sunday.

The triple-C rated authority is petitioning to increase its rates as a supplier threatens to cut off fuel.

The retirement system has said it may run out of money in 2020 or 2021.

The anticipated surplus for fiscal years 2019 through 2013 has dropped to $11.6 billion from $15.1 billion, leaving less money for debt service and capital spending.

The restructuring is expected to save PREPA and Puerto Rico residents about $3 billion in debt service payments over the next 10 years.

Thieves stripped copper wiring and appliances, Newton County officials said.

If the ruling holds, analysts said special revenue bonds may have to be re-evaluated based on the general credit of the issuer.

Holders of Platte County Industrial Development Authority's 2007 Zona Rosa bonds were hit with their first payment default.

Creditors' call for a receiver for PREPA is an Imperfect solution from a suspect source to be decided by the wrong authority – and it just might work.

The school is expanding its housing offerings as part of a strategy to attract and retain students.

Governor says federal help is an unprecedented opportunity to improve the islands' infrastructure, economy and government revenues.

Guam, facing its own fiscal problems, isn't helped by the tumultuous Puerto Rico PROMESA process.

Lombard's failure to honor its appropriation pledge cost bondholders dearly in a hotel project bankruptcy.

The U.S. Virgin Islands' rebuilding efforts make its Gross Receipts Revenue Bonds more secure, Gov. Kenneth Mapp said.

Bond investors’ concerns about the territory's ability to make payments have grown since Hurricane Maria.

The junk-rated school district pared down spreads after bolstering its balance sheet.

The Illinois Metropolitan Pier and Exposition Authority's direct rating link to the state government was costly.