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The university can issue debt or pay cash to cover the settlement but either option has credit consequences.
By Nora ColomerMay 21 -
The Indiana school district gets to wipe out its $10 million deficit and Ball State University will take over operations in July.
By Nora ColomerMay 21 -
S&P placed MSU on CreditWatch with negative implications, citing a lack of clarity on how the settlement will be paid for.
By Nora ColomerMay 18 -
The university has not said how it intends to pay for the legal settlement.
By Nora ColomerMay 17 -
Voters approved Omaha Public Schools' $410 million bond referendum and another district's $510 million measure.
By Nora ColomerMay 16 -
The university will issue $72 million of general revenue bonds in a negotiated sale Thursday.
By Nora ColomerMay 15 -
The district remains deeply in speculative-grade territory even after the two-notch upgrade.
By Nora ColomerMay 11 -
Detroit's casino revenues steady but city conservative with projections.
By Nora ColomerMay 10 -
School bond supporters received favorable results for the biggest three proposals.
By Nora ColomerMay 9 -
Moody's Investors Service lowered the university one notch to Aa2.
By Nora ColomerMay 3