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Bondholders' poor recovery relative to pensioners in Detroit was typical of municipal bankruptcies, as protecting the workforce has outweighed debt repayment in courtrooms across the nation.
August 17
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Chicago's junk-rated school district scheduled a public hearing next week on a request for $945 million of borrowing authorization.
August 16
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Both presidential candidates should focus more on rebuilding U.S. infrastructure, former officials urge.
August 16
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An $800 million bond sale to finance New Jersey's American Dream retail development could provide fuel for critics of the municipal bond tax exemption, according to Municipal Market Analytics.
August 16
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Moody's upgrades Pennsylvania's school district pre-default enhancement program to A2 from Baa1, citing a new state law.
August 16 -
Political gridlock has stymied attempts to overhaul pensions across the nation, most notably in the two lowest-rated states, New Jersey and Illinois.
August 16
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Lately coupons of 4% and in some cases even lower are becoming more palatable to retail buyers because they decrease individual investors' dollar price when they purchase a new issue, strategists said.
August 16
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The Securities and Exchange Commission's settlements with issuers under its continuing disclosure enforcement initiative will not impact specific rating determinations but will be an important component of analyzing an issuer's credit fundamentals, analysts from S&P Global Ratings said in a report on Monday.
August 15
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Ziegler, the oldest healthcare focused investment bank in the country, is becoming one of the biggest players in the specialty as well.
August 15
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Austin, Texas, council unanimously puts a $720 million mobility bond referendum to fund rebuild of city streets to November vote.
August 15
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The legal decisions governing public pension developments tell a complicated story.
August 15
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Illinois officials are asking road builders for input on a P3 project to add toll lanes to an existing interstate highway.
August 12
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U.S. municipal pensions, weakened by decades of underfunding, now face a demographic double-whammy:people are living longer and baby boomers are reaching retirement age.
August 12
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