Author: Geoff Weitzel
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Municipal Bond Credit Report: Junk-rated Chicago Public Schools lands another upgrade
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Chicago Public Schools’ credit trajectory remains on the upswing with Moody’s Investors Service the latest to hand the junk-rated district an upgrade… Link to Story
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Municipal Bond Credit Report: A rating agency warning for California about PG&E entanglement
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A California takeover of bankrupt investor-owned utility Pacific Gas & Electric could have consequences for the state’s rating, S&P Global Ratings said Tuesday… Link to Story
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Municipal Bond Credit Report: Tucson, Arizona, gets outlook boost from Fitch
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Tucson, Arizona, received a positive outlook from Fitch Ratings Monday as it prepares to issue $320 million of general obligation bonds and certificates of participation… Link to Story
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Municipal Bond Credit Report: Arizona gets a rating boost from Moody’s
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Arizona received an upgrade from Moody’s Investors Service. The upgrade to Aa1 from Aa2 “recognizes Arizona’s continued strong economic growth as well as the state’s efforts to balance the budget, reduce debt and boost the Rainy Day Fund to record levels,” Moody’s analyst Kenneth Kurtz wrote. The rating outlook remains stable……
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Municipal Bond Credit Report: Outlook boost for California’s largest public healthcare district
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Escondido, California-based Palomar Health public hospital district scored an outlook revision to positive from stable from Moody’s Investors Service… Link to Story
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Municipal Bond Credit Report: Enrollment turnaround nets upgrade for University of New England
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Sound strategic planning amid a challenging higher education landscape for Northeast private colleges landed the University of New England a two-notch upgrade… Link to Story
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Municipal Bond Credit Report: Illinois lawmakers approve Pritzker’s pension fund asset merger
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Illinois lawmakers signed off on Gov. J.B. Pritzker’s plan to merge the assets of 650 pension funds that cover firefighters and police outside of Chicago into two systems with the goal of cutting administrative costs and raising investment returns… Link to Story
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Municipal Bond Credit Report: Illinois Senate passes public safety pension consolidation plan, giving Gov. J.B. Pritzker a big fall session win
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Illinois Senate overwhelmingly approved Thursday Gov. J.B. Pritzker’s plan to consolidate 650 downstate and suburban police and fire pension funds, delivering the first-term governor his top priority of the fall veto session… Link to Story
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Municipal Bond Credit Report: Chicago schools are a long way from regaining investment grade ratings
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Chicago Public Schools’ new five-year, $1.6 billion teachers’ contract could pose a long-term strain on the district’s health that would become acute if state aid prospects falter, two rating agencies said… Link to Story
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Municipal Bond Credit Report: A second upgrade buoys Nevada ahead of bond sale
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Nevada snagged its second rating upgrade ahead of its competitive sale of $196 million in general obligation bonds… Link to Story