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The borrower has missed the last five interest payments on the grant-backed bonds.
August 27
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The purpose of restructuring is to help the Pennsylvania hospital operator "avoid a bankruptcy scenario," said Dora Lee of Belle Haven Investments.
August 26
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New facilities should reduce and ultimately eliminate the authority's current $5 million a month operating loss.
August 23
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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
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Karl Knight worked as chief of staff for U.S. Virgin Islands Gov. Albert Bryan Jr.
July 26
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V2 Municipal Capital will source deals exclusively for Fundamental Advisors.
July 25
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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
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A coalition of metropolitan planning organizations and transportation officials along the Interstate-4 corridor approved a resolution supporting further development.
June 18
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The Water and Power Authority got good financial news from the U.S. Federal Emergency Management Agency but bad financial news from a federal court in Puerto Rico.
June 10
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The system, trustee and bondholders of about $992 million in debt are supporting an exchange of "substantially all" existing bonds, a disclosure statement said.
June 7
