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Posted in Credit Ratings Legal Rating Agencies Restructuring

Moody’s: SCOTUS Refusal to Review Puerto Rico HTA Decision is Credit Negative For Utilities and Special Revenue Bonds

January 22, 2020 – In a report released today, Moody’s summarized the U.S. Supreme Court’s (“SCOTUS”) decision not to review…

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Posted in Credit Ratings Issuers New York State Transportation Finance

[Opinion] Moody’s Thinks Taxing the Rich Will Save New York’s MTA. There Is One Crack To This Argument.

August 8, 2019 – In a report issued today, Moody’s Investor Service laid out an argument in favor of New…

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Posted in Economic Development Issuers Rating Agencies

Moody’s Is Skeptical About Economic Development Programs – “Hurt Government Credit Quality”

July 10, 2019 – In a report issued today, Moody’s Investor Service expressed concerns on economic development and/or job incentive…

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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…