Revenue bonds

The bond-funded New Jersey megamall has never fully opened and there's no timetable for reopening following the coronavirus-induced shutdown.

The suit contends Aaron Zahn defrauded the Jacksonville municipal utility while trying to privatize it; eight high-ranking employees were suspended this week.

The cities enter a primary municipal bond market prepared to absorb $9 billion of deals this week.

Orange County tourist tax collections plummeted 97% from the year earlier to $765,900 in April, the largest decline ever seen.

The Wisconsin Center District deal provides some expansion financing and near-term debt relief after the agency was stung by lost conventions and tax revenue.

The South Carolina Legislature put in place strict oversight of the state-owned utility until they decide whether to sell it.

The Bluegrass State will issue debt for operations and capital needs at the University of Louisville Health Medical Center.

An indefinite closure of New York retail businesses during the COVID-19 pandemic added credit pressure on revenue bonds issued for the state’s largest mall.

The board of the troubled Jacksonville, Florida, utility voted to hire Paul McElroy as interim CEO.

Theme park and business closures and hospitality industry layoffs will make recovery difficult for Orange County and the Orlando region.

S&P Global Ratings analysts say bookings that are two to three years out are already being canceled.

The new bill to replenish the Paycheck Protection Program clarifies that hospitals created as political subdivisions are eligible.

Reducing the number of workers building two nuclear reactors is a "mitigating action" to address the impact of the virus, the utility said in a market notice.

Shifts in smoking habits and increasing tobacco restrictions drove two downgrades of the New Jersey Cigarette Tax Revenue Bonds.

A Florida utility continues to pursue a lawsuit against a public power agency with a stake in the Plant Vogtle project.

Moody's Investors Service revised the Pennsylvania regional health system to negative citing revenue risks from COVID-19.

While some types of revenue bonds may be less adversely affected than other types of revenue bonds, the entire market could see significant stress as the pandemic continues.

The rating agency echoed others in citing the New York transportation system's hard fall since the coronavirus outbreak.

The Puerto Rico Oversight Board had asked for the postponement, citing the impact of COVID-19 and its possible financial impact on PREPA.

A judge preliminarily approved a deal to end three lawsuits, but the South Carolina-owned utility still faces federal securities fraud litigation.