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Federal COVID-19 relief aid cushions the district's balance sheet but labor, state budget, and pension woes remain.
January 25 -
S&P Global Ratings raised Detroit's outlook to stable from negative on a BB-minus rating; Moody's affirmed the city at Ba3 with a positive outlook.
January 22 -
The high-yield deal will mark the junk-rated city's third post-bankruptcy general obligation issue on its own credit, without any external support.
December 17 -
The authority that financed baseball and football stadiums in Chicago is sounding fiscal alarms as the coronavirus pandemic crushes hotel tax revenue.
December 15 -
Moody's dropped the Chicago Archdiocese' rated debt by three notches to Ba1.
December 10 -
Jersey Shore gambling hub's financial progress under state supervision amid coronavirus headwinds prompted rating agency to revise junk-rated city's outlook to positive.
December 2 -
Thomas Forkin eyes legal challenges to state's intervention efforts if he defeats incumbent Marty Small in Tuesday's election.
October 30 -
Detroit's public school system believes the city's stand-alone bond sales bode well for its future market access should it eventually seek to borrow.
October 28 -
Detroit's spreads widened from last deal in 2018 but interest rates were lower thanks to overall bond market conditions.
October 19 -
UMB will ask the state Supreme Court to consider its argument that Platte County is legally obligated to repay defaulted bonds issued for a shopping center.
October 7