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The two-notch lowering to A-minus precedes the transit agency's planned $258 million negotiated sale of transportation revenue refunding green bonds.
October 26 -
Credit rating agencies have done relatively few credit downgrades.
October 21 -
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Nationally, there are around 7,500 charter schools in 44 states in addition to the District of Columbia, according to the National Alliance for Public Charter Schools.
September 30 -
Fitch Ratings affirmed its AA rating on the department's water system revenue bonds as it revised their outlook to negative.
May 28 -
Declining state support and COVID-19-related funding pressures triggered a second downgrade to New Jersey City University in advance of a $52 million borrowing.
May 12 -
Fitch Ratings downgraded Las Vegas a notch to AA-minus
May 12 -
The Fitch downgrade to A-plus from AA-minus affects nearly $2 billion in debt.
May 7 -
The historic nature of how ratings for municipal issuers play out in times of severe volatility is under scrutiny from various market participants.
April 23 -
The rating agency delivered the latest coronavirus-related hit to the city's ratings by cutting its outlook. The city's GO bonds were affirmed at AA.
April 22