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The rating agency cited traction on its financial turnaround in revising the outlook on the junk-rated hospital to stable from negative.
February 14 -
Maura Healey's budget plan for fiscal 2025 features more money for the Commonwealth Transportation Fund, which would increase its bond capacity by $1.1 billion.
February 13 -
After two auctions, Mercy Hospital, a nonprofit hospital in Iowa City, was sold, but bondholders' recovery will hinge on the Chapter 11 liquidation process.
February 6 -
The bond trustee for the city of Nevada, Missouri-owned Nevada Regional Medical Center declared its bonds to be in default.
February 2 -
Fitch Ratings downgraded the private-activity bonds supporting LAX's people mover bonds to junk, but said they could fall lower if the airport doesn't reach an agreement on delay concessions.
February 2 -
The new legislation does not include a SALT cap adjustment, though some lawmakers had been holding out for one.
February 1 -
Fitch Ratings recently downgraded Marshfield Clinic Health System, a nonprofit group of 11 hospitals in central Wisconsin, to BBB from BBB-plus.
January 31 -
A letter co-sgned by Bond Dealers of America and the Securities Industry and Financial Markets Association urges the Municipal Securities Rulemaking Board to institute its 2024 rate card, for fear that reverting back to 2023 levels would be disruptive for dealers.
January 25 -
Inflation and mandate pressures are key factors that moved the outlook lower.
January 25 -
Providing care for thousands of migrants is contributing to the system's escalating uncompensated care costs.
January 23