Munis

Hunt Memorial Hospital District's distressed finances led to downgrades to Ba3 by Moody's Ratings and B-plus by S&P Global Ratings, with both giving it a negative outlook.

Would-be underwriters of the general obligation bonds will be able to see where they've been ranked among all the bids, and to improve their bid accordingly.

The ruling by a state judge comes in a lawsuit that pointed to unequal access by public school districts to local property taxes and bonds.

Through June 30, BAM insured 11 transactions with par of $100 million or more, with four more deals coming since then, the company said.

Veteran banker Tim Kelly will give Baird's higher education and non-profit sectors a national reach.

The fiscal 2026 budget would increase police and fire funding by $63.1 million as the city works to comply with a voter-approved public safety spending mandate.

A flow of public dollars to private schools has raised credit concerns about public schools and spurred litigation in Southwest states.

The largest investors in the Brightline Florida train have negotiated new terms ahead of an Aug. 13 repayment deadline.

The Virginia Port Authority will sell bonds to finance upfront rent payments for the privately owned Virginia International Gateway.

The University of California is slated to price $1.5 billion in revenue bonds next week even as it battles Trump administration threats to research funding.

The rating agency cited stong debt service coverage and modest leverage.

The Local Government Commission approved issuance of notes that will be taken out gradually in the next few years.

Officials are considering selling more voter-approved bonds for the stalled project, which could be jumpstarted with a phased-in construction approach.

City council approval of a five-part bond proposition for the Nov. 4 ballot comes as Denver faces a two-year, $250 million budget shortfall.

Universities targeted by Donald Trump's crackdown on diversity programs and other policies he says show a liberal bias are essentially bleeding at the negotiating table after taking on debt, laying off hundreds of staff and slashing spending.

The council voted to preliminarily approve a $3.7 billion deal that will return an NFL team to play games inside the city limits while committing over $1 billion in taxpayer money.

This is the fourth consecutive month where issuance has topped $50 billion.

Amid higher ed sector headwinds, financially challenged colleges and universities have options, although the choices may be difficult, Orrick attorneys write.

Fitch said the train line's ridership and revenue ramp-up continue to lag projections.

Lincoln's City Council unanimously passed three ordinances on Monday paving the way for the bond-financed construction of a new central public library building.