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Fitch downgraded the Ohio-based system to BBB-minus, leaving its rating at the lowest investment grade, matching ProMedica's Moody's rating.
July 21 -
The study provides the first rigorous quantitative evidence supporting the widely held belief that the municipal bond industry benefits from the classification.
July 20 -
Due to coronavirus and the resulting lockdowns and office closures, ridership on the commuter rail line linking San Francisco and San Jose is down about 95%.
July 17 -
A COVID-19-driven decline in lottery revenue led Oregon postpone a $302 million bond sale because the deal wouldn't meet an additional bonds test.
July 17 -
A new law allows state agency Space Florida to sell revenue bonds for private aerospace firms without requiring approvals from the state governor or cabinet.
July 15 -
UMB claims the bonds for the Kansas hotel project are in default because the developer failed to secure a $52 million loan required by the bond indenture.
July 6 -
As officials in the tourism-dependent county prepare for a resurgence of tourism as attractions reopen, they are also dealing with a surge of COVID-19 cases.
June 24 -
An appellate court will weigh whether a financing agreement on the Platte County IDB bonds attached more than just a moral obligation pledge.
June 23 -
The ratings on the Louisville, Kentucky's KFC Yum! Center bonds were lowered to BBB-plus by S&P because of expected operational difficulties.
June 22 -
The shutdown of struggling Destiny USA due to COVID-19 could prompt more gambles from the property owner, a local expert says.
June 18