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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 board of the troubled Jacksonville, Florida, utility voted to hire Paul McElroy as interim CEO.
May 6 -
Theme park and business closures and hospitality industry layoffs will make recovery difficult for Orange County and the Orlando region.
April 29 -
S&P Global Ratings analysts say bookings that are two to three years out are already being canceled.
April 23 -
The new bill to replenish the Paycheck Protection Program clarifies that hospitals created as political subdivisions are eligible.
April 22 -
Reducing the number of workers building two nuclear reactors is a "mitigating action" to address the impact of the virus, the utility said in a market notice.
April 16 -
Shifts in smoking habits and increasing tobacco restrictions drove two downgrades of the New Jersey Cigarette Tax Revenue Bonds.
April 15 -
A Florida utility continues to pursue a lawsuit against a public power agency with a stake in the Plant Vogtle project.
April 15 -
Moody's Investors Service revised the Pennsylvania regional health system to negative citing revenue risks from COVID-19.
April 8 -
While some types of revenue bonds may be less adversely affected than other types of revenue bonds, the entire market could see significant stress as the pandemic continues.
April 6Faegre Drinker Biddle & Reath LLP