Speculative grade bonds

Amid bankruptcy talk about the investor-owned utility, the fate of its $18 billion in corporate bonds could impact the municipal bond market.

S&P Global Ratings cut Coralville to speculative grade citing the added debt burden and financing risks.

Platte County remains at odds with holders of the $32 million Zona Rosa bond issue about its responsibility to cover debt service shortfalls.

Atlantic City casino revenue was up 20% year-over-year in November.

Outstanding government receivables remain a constraining factor to the Virgin Islands Water and Power Authority's credit profile after it refinanced two notes.

Detroit issued bonds Friday to fund the successful tender offer.

Americans place almost $150 billion in illegal sports bets annually, according to the American Gaming Association.

Legal limbo surrounds Atlantic City Mayor Frank Gilliam as he closes his first year in office.

Detroit originally planned to sell $112 million of new money GOs but boosted the deal to $135 million as buyers sought the speculative-grade paper.

The debut of two new casinos factored into a third quarter profit dip for Atlantic City’s gambling industry.

A junk-rated $112 million deal without state backing will test the market's perceptions of the city's recovery from its Chapter 9 bankruptcy.

Platte County's lawsuit is the latest turn in its efforts to shed its obligation to repay bonds for a struggling shopping center.

Moody's Investors Service boosted the city to B2 from Caa3 and assigned a positive outlook.

Detroit will issue $112 million of new money GO bonds and is also considering issuing refunding bonds in December.

Continued fiscal progress a year in the wake of resolving outstanding casino tax appeals moved Atlantic City’s credit rating toward a B grade for the first time since early 2016.

The price of the territory's debt has more than doubled this year.

Gov. Phil Murphy signed a bill funneling 1.25% of sports betting revenues to the Casino Reinvestment Development Authority.

The Jersey Shore gambling hub is poised for long-term economic growth, according to new tourism indicators.

New Jersey's oversight has a strong, positive impact on the city's financial position, according to Moody’s.

A report from the New Jersey governor's administration recommends continuing the state's oversight role for the troubled city.