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Moody's Investors Service downgraded one public electric utility and assigned negative outlooks to three after reviewing potential wildfire liability exposure.
March 28 -
The Senate on Wednesday debated a $13.45 billion disaster aid bill that would require Puerto Rico to assume a local share of additional FEMA aid rather than the 100% federal share in a bill passed by the House.
March 27 -
Gov. Phil Murphy signed into law a bill enabling municipalities to create utilities to manage stormwater runoff.
March 27 -
Midwest Fertilizer Co. announced Monday it has settled with the IRS Office of Appeals an audit that originally disqualified the tax-exempt status of $1.259 billion of refunding bonds that will be used to help finance a fertilizer plant in Posey County, Indiana.
March 19 -
The Chapter 11 filing creates uncertainty for the state and localities where the utility operates.
January 30 -
Moody's dropped to Caa3 a pool of pension obligation bonds likely to be dragged down by wildfire damage to Paradise, California.
January 28 -
Amid bankruptcy talk about the investor-owned utility, the fate of its $18 billion in corporate bonds could impact the municipal bond market.
January 10 -
Bitvore Corp. is offering analysts and portfolio managers free updates on the impact of fires, hurricanes, and earthquakes.
December 17 -
Tom Doe, president of Municipal Market Analytics, attributes more of the market’s performance to algorithmic bidding, new revenues — such as sport wagering — and natural hazards — such as coastal retreat. John Hallacy is host.
December 6 -
The deadly Camp Fire left Paradise, California, in ruins, raising questions about the town's future and whether it can pay its debts.
November 13