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An indefinite closure of New York retail businesses during the COVID-19 pandemic added credit pressure on revenue bonds issued for the state’s largest mall.
May 11 -
The Fitch downgrade to A-plus from AA-minus affects nearly $2 billion in debt.
May 7 -
Moody's downgrades regional public university two notches to Baa3 ahead of a $52 million revenue refunding bond sale.
May 4 -
The COVID-19 pandemic has dragged the tourist city to the verge of junk status.
April 29 -
Size, timing and structure hinge on market variables, senior manager Jefferies said.
April 24 -
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 -
Debt restructuring options as the transit agency navigates through the coronavirus crisis include refundings for savings or to push out debt, according to Robert Foran.
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 -
S&P cited the state's growing structural budget gap resulting from an oil price plunge.
April 20 -
Shifts in smoking habits and increasing tobacco restrictions drove two downgrades of the New Jersey Cigarette Tax Revenue Bonds.
April 15