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The rating action affects $423 million in bonds and certificates of participation. The territory's issuer rating was affirmed at speculative-grade Ba1.
March 24 -
The bill's sponsor pointed to board members' need for expertise.
March 20 -
The $250 million in debt being issued for Montana Renewables is equal to nearly half the state's issuance for last year.
March 20 -
Governance decisions and rapidly escalating deficits contributed to Moody's decision to cut Illinois Tech's rating two notches to speculative grade.
March 10 -
The authority's issues hamper the USVI economy, Gov. Bryan says in his state of the territory speech.
January 24 -
These would be the territory's first general obligation bond issuance since 2019.
January 12 -
The government has reached a settlement with the estate of Jeffrey Epstein.
December 1 -
The authority said it expects production problems and higher costs in the near future.
November 30 -
The financially distressed utility has less than two weeks to find a substitute supplier of 80% of its fuel.
November 21 -
The goal is to reduce energy costs and exposure to energy price spikes.
September 29