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Treasurer Denise Nappier called for sound bond-cap provisions, full funding of ARCs and adherence to a 2008 pension bond covenant.
October 23 -
Few details have emerged yet about a tentative state budget deal that might help the capital city dodge bankruptcy.
October 20 -
Moody's Investors Service placed 29 cities and school districts on review for downgrade.
October 17 -
S&P Global Ratings said it revised its outlook on the state of Connecticut's approximately $19 billion general obligation debt outstanding to negative from stable. At the same time, S&P said it affirmed the A-plus rating on the state's GOs.
October 13 -
The Connecticut Education Association seeks an injunction, calling the governor's executive-order cuts illegal.
October 12 -
Luke Bronin called the latest multiple-notch downgrades no surprise.
September 27 -
Hartford, Conn.’s debt rating was dropped to CC by S&P Global Ratings Tuesday, which called a default, distressed exchange, or redemption a “virtual certainty.”
September 26 -
Top Republicans say they will meet with Democratic Gov. Dannel Malloy, who vows to veto the GOP-backed budget.
September 21 -
While Mayor Luke Bronin awaits state aid from a fractious government, a bondholder call looms.
September 19 -
Several Democrats broke with their party to pass a GOP budget that Gov. Dannel Malloy intends to veto.
September 18