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Kroll Bond Rating Agency entered a new partnership with current shareholder and investor Wharf Street LLC to own a majority stake in the firm and pump new capital into the rating agency for future growth and expansion.
November 5
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The House adopted a six-year, $325 billion transportation funding measure that must be reconciled by Nov. 20 with Senate's $342 billion plan.
November 5
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Citing a state budget impasse in its fifth month, Moody's downgraded Pennsylvania's pre-default intercept programs for school districts to A3 from A2.
November 5
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House leaders hope to have a final vote Thursday on a six-year, $325 billion transportation funding bill.
November 4
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Municipal bonds would be hurt under Republican presidential candidates tax reform proposals because the plans would lower or eliminate individual and corporate income tax rates, congressional observers said.
November 4
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Like Depression-era Arkansas, Puerto Rico took on too much debt, leading to a crisis when the worldwide economy shrank. But there are some key differences.
November 4
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Chicagos passage of a record tax hike to help stabilize its public safety pension funds has fueled further tightening of the citys general obligation trading levels in recent days, Municipal Market Analytics says.
November 3 -
The $325 billion, six-year transportation bill set for a vote this week in the House falls short of the level of funding needed, President Obama said.
November 3
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Long before Puerto Rico's debt crisis, Arkansas' defaults were followed by a decade of refundings, a debt exchange, and ultimately Federal help to resolve its problems.
November 3
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The more than 250 amendments filed to the House's proposed six-year highway bill include a proposal to raise the federal gasoline tax by 15 cents.
November 2
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A three part series examining Arkansas' road to default, the state's efforts to resolve the crisis, and the similarities and differences with Puerto Rico today.
November 2
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Fitch Ratings and Kroll Bond Rating Agency see the Chicago City Councils passage of a record property tax as a good step toward stabilizing the citys finances, though they say plenty of concerns remain.
October 30 -
Virginias P3 project pipeline includes seven transportation-related projects that could be financed as public-private partnerships.
October 30
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A rally in the high-yield tobacco bond sector is being buoyed by a slowdown in cigarette consumption declines, a settlement in New York with the big tobacco companies, and demand for risk assets.
October 30
