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S&P's upgrade moved Detroit's unenhanced GO rating higher in the speculative grades but also lifted a portion of its priority lien debt to investment grade.
March 15 -
Lawmakers in other red states are trying to follow Texas' footsteps with bills to subject banks to a litmus test over their treatment of the firearm industry.
March 14 -
The firm's special district group is up to 30 public finance professionals with the addition of seven members since January.
March 11 -
Moody's raised the Chicago Board of Education's rating by one notch to Ba2.
March 4 -
The 18-member group will be headed by Eric Scroggins, co-head of debt advisory and restructuring, and Bill Reisner, head of public finance investment banking.
March 2 -
Moody's said the upgrade reflects continuing strong revenue and liquidity trends, completion of a debt-reduction program and increased pension contributions.
March 2 -
Soaring inflation could pressure the ratings of utilities if they bring rate hikes that spark customer and political opposition, S&P Global Ratings said.
February 25 -
Moody's Investors Service said the upgrade reflected the university's robust, sustainable operating margins supported by consistent growth in tuition revenue.
February 23 -
Education and utilities were the municipal sectors that shrank the most.
February 22 -
Credit strengths include strong market position and service area economic fundamentals and an expected continued strong finance performance.
February 17