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The city of Clyde defaulted in August and recently revealed it used debt proceeds for debt payments in a manner that "disguised the deficit cash flow."
September 19 -
The governor says borrowing $50 million is "imperative" but the senate majority leader says "continuing to borrow is not the answer."
September 5 -
The bonds will fund infrastructure in one of 21 community development districts that have built the age-restricted 55-and-up Villages to more than 76,000 homes.
August 29 -
The borrower has missed the last five interest payments on the grant-backed bonds.
August 27 -
The purpose of restructuring is to help the Pennsylvania hospital operator "avoid a bankruptcy scenario," said Dora Lee of Belle Haven Investments.
August 26 -
New facilities should reduce and ultimately eliminate the authority's current $5 million a month operating loss.
August 23 -
The private Massachusetts college is partnering with the Collegiate Housing Foundation to address a good problem for a Northeast school to have: rising demand.
August 12 -
Karl Knight worked as chief of staff for U.S. Virgin Islands Gov. Albert Bryan Jr.
July 26 -
V2 Municipal Capital will source deals exclusively for Fundamental Advisors.
July 25 -
S&P Global Ratings dropped Houghton University to BB-plus from BBB-minus, citing a track record of deficits plus a large operating shortfall.
June 20