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COVID-19 worsened the fiscal picture for the senior care, insurance, and hospital operator, but it faced rating pressure before the pandemic.
August 30 -
S&P Global Ratings, who revised the state's GO bond outlook from negative to stable last week.
August 29 -
Moody's Investors Service rewarded the ongoing fiscal turnaround of Detroit's home county with a two-notch upgrade.
August 26 -
Raul Amezcua, who once led Stifel's California and Arizona banking teams, hired several key bankers at Ramirez & Co. since joining the firm early last year.
August 25 -
The Minnesota Airports Commission is also in the bond market with a $386 million deal this week, followed by Chicago's $1.77 billion transaction next week.
August 22 -
The rating agency highlighted the state government's recent payments to its underfunded state pension system.
August 19 -
Hazelwood's mayor posted a letter on the city website warning of potential bankruptcy if the city can't renegotiate its deal with a fire protection district.
August 18 -
The finance team on the Western Placer Waste Management Authority deal hopes to benefit from an improving market with increased inflows.
August 16 -
Spreads on underwriting municipal bonds dipped to below $4 per $1,000 on issues in the first half of 2022 due to heavy competition and a shrinking volume of deals — the lowest figures reported in two decades.
August 15 -
S&P revised the state's outlook to positive in September, which gives it a one-in-three chance of a ratings boost over the two-year outlook period.
August 12