Tag: Muni Credit Report
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Municipal Bond Credit Report: S&P explains itself on divergent Chicago and Illinois sales tax ratings
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: CHICAGO – It’s all about the underlying structural features of the bonds. That’s what S&P Global Ratings says in a report explaining why Illinois’ sales-tax backed paper took a more punishing hit than Chicago’s securitization bonds after the rating agency revised its criteria for priority-lien tax revenue credits… Link to Story
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Municipal Bond Credit Report: SEC looks for dialogue at municipal disclosure conference
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: WASHINGTON – The Securities and Exchange Commission is looking for feedback from the municipal bond market on disclosure issues that have been the subject of debate and caused anxiety for years…. Link to Story
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Municipal Bond Credit Report: Los Angeles airports upgraded ahead of pricing
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Los Angeles International Airport received a Moody’s ratings boost ahead of plans to price $650 million to help fund its $11.9 billion capital program through 2024.LAX’s $3.4 billion in senior revenue bonds were upgraded by Moody’s to Aa2 from Aa3 Monday and $2.7 billion in subordinate revenue bonds upgraded to Aa3…