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Posted in Budgets Credit Ratings Rating Agencies

Moody’s: Delay in State Budgets for Fiscal Year 2020 Reflect Governance Weakness

July 3, 2019 – In a report issued today, Moodys’ Investor Service said seven states – MA, NH, NC, OH,…

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Posted in Cities Issuers Rating Agencies

[BondBuyer] Cook County Mulls Securitization as Revenue Bonds Face Pressure

The Bond Buyer reported on June 10, 2019 that Cook County, Illinois is considering a securitization structure to lower borrowing…

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Posted in Education Events Rating Agencies

[Events] 6/27 Kroll Breakfast Briefing: Has Special Revenue Bond Protection Been Turned On Its Head?

Kroll Bond Rating Agency is hosting a discussion on special revenues and the U.S. Court of Appeals for First Circuit’s…

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Posted in Bank Credit Issuers Rating Agencies

[Moody’s] Bank Credit and Liquidity Support Flat As Issuer Variable-Rate Issuance Wanes

Moody’s Investors Service said today $7.5 billion of bank facilities (Letters of Credit, LOCs and standby liquidity) were underwritten or…