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The Illinois attorney general's office is also believed to be looking into the foundation, which issued $170 million of tax-exempt bonds that have defaulted.
February 26 -
Moody's upgraded the revenue bonds of the largely industrial city near Los Angeles to Baa2 ahead of a $158 million refunding.
February 24 -
Bankruptcy hearings are underway for Lindan Properties, one of five troubled bond-financed Better Housing Foundation affordable housing portfolios in the area.
February 24 -
Indian River County commissioners voted to ask the U.S. Supreme Court to review its unsuccessful appeal against passenger train developer Brightline/Virgin Trains.
February 24 -
A long-awaited report on options for dealing with the state-owned utility is out.
February 19 -
The Illinois attorney general fires back in petitioner's effort to resurrect lawsuit that seeks to void $14.3 billion of state bonds.
February 19 -
The state stepped in to prevent Wall Street banks accused of wrongdoing in the variable-rate market from using what has been their most effective argument.
February 14 -
The failed attempt to sell Florida’s largest municipal utility and its contract to buy nuclear-generated electricity from a Georgia plant will be examined.
February 12 -
The state conduit that issued $170 million of defaulted Better Housing Foundation bonds is weighing in as S&P prepares housing bond criteria changes.
February 10 -
Recoveries would be from 65% to 77% for general obligation and Public Building Authority bondholders.
February 10