Speculative grade bonds

The Fitch rating on the bonds, issued as part of the Midwestern Disaster Area authorization, remains deep in junk.

The Atlantic City casino industry kicked off 2020 with another year-over-year gambling revenue gain.

A proposed asset sale would resolve — with a loss for bond investors — one of five Better Housing Foundation-owned portfolios in default in the Chicago area.

The Palmyra-Eagle Area School District is now saddled with a junk rating amid fiscal and leadership turmoil.

Virgin Islands Gov. Albert Bryan Jr. said the government is exploring various revenue streams to support the islands' pension system.

Atlantic City’s recent fiscal progress under state control provided a lift for two municipal issuers tied to the Jersey Shore gambling hub.

The Better Housing Foundation's Chicagoland suburban bond portfolios are now experiencing bond covenant and payment defaults.

The New Jersey city received a Moody's Investors Service upgrade to Ba3 from B2 as it enters year four of a five-year state takeover period.

The governor said that the government must now move toward a long-term solution to WAPA's problems.

U.S. Virgin Islands Gov. Albert Bryan forged an agreement with lawmakers to work collaboratively in identifying funding for outstanding debt tied to the island’s Water and Power Authority.

Moody’s Investors Service lowered the rating of the private collage in upstate New York to Ba3 from Ba1.

CFO Dave Massaron said the city is mindful of a potential downturn as it navigates its fiscal recovery from bankruptcy.

Moody's downgraded the 417-bed Claremont Properties project to Caa2.

The state government would reshuffle Community Development Block Grant Disaster Recovery funds to the city.

Chicago Public Schools long climb back to investment grade continues

The upgrade reflects the city's improved operating environment and structural financial improvement, the rating agency said.

The City Council rejected Mayor Mike Duggan's request for $250 million of bond authority to accelerate the demolition of vacant houses.

James Johnson, who steered New Jersey's oversight of Atlantic City, is now corporation counsel for New York City.

The agencies aren't concerned about the ongoing strike, but the final contract will determine if Chicago Public Schools continues its slow rating progress.

Moody's says the adoption of an on-time budget along with audited financials are positive developments.