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Skilled nursing facilities and long-term care are deluged by the pandemic, adding financial stress for a sector that issues unrated and speculative grade debt.
April 14 -
The Fitch rating on the bonds, issued as part of the Midwestern Disaster Area authorization, remains deep in junk.
February 25 -
The Atlantic City casino industry kicked off 2020 with another year-over-year gambling revenue gain.
February 13 -
A proposed asset sale would resolve — with a loss for bond investors — one of five Better Housing Foundation-owned portfolios in default in the Chicago area.
February 5 -
The Palmyra-Eagle Area School District is now saddled with a junk rating amid fiscal and leadership turmoil.
February 5 -
Virgin Islands Gov. Albert Bryan Jr. said the government is exploring various revenue streams to support the islands' pension system.
January 14 -
Atlantic City’s recent fiscal progress under state control provided a lift for two municipal issuers tied to the Jersey Shore gambling hub.
January 14 -
The Better Housing Foundation's Chicagoland suburban bond portfolios are now experiencing bond covenant and payment defaults.
January 14 -
The New Jersey city received a Moody's Investors Service upgrade to Ba3 from B2 as it enters year four of a five-year state takeover period.
January 3 -
The governor said that the government must now move toward a long-term solution to WAPA's problems.
December 30