Tag: Municipal Bond Credit Research
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Municipal Bond Credit Report: Denver International Airport’s $2.5 billion sale wins Deal of the Year
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The city and county of Denver won The Bond Buyer’s 17th annual Deal of the Year award for its $2.5 billion financing on behalf of Denver International Airport. Once derided as a “field of dreams” far from downtown Denver, the airport has become one of the nation’s major airline hubs and…
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Municipal Bond Credit Report: Jersey City’s Port Authority tax settlement sets stage for growth
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Jersey City has settled a financial dispute with the Port Authority of New York and New Jersey, positioning the Garden State’s second-most-populous city for continued economic momentum. The city, a short train ride across the Hudson River from Manhattan, filed a more than $400 million federal lawsuit against the Port Authority…
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Municipal Bond Credit Report: Can Ohio town stay out of the woods after General Motors plant closing?
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: WASHINGTON — Analysts have concerns about some Ohio Issuers following General Motors Company’s announcement that it would close four plants in Ohio, Michigan and Maryland as soon as March 2019…. Link to Story
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Municipal Bond Credit Report: Soon-to-be Virgin Trains lays groundwork for Tampa extension
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: All Aboard Florida’s Brightline is laying the groundwork to offer passenger train service from Orlando to Tampa.Brightline, which will be rebranded as Virgin Trains next year, received approval Wednesday from the Florida Department of Transportation and the Central Florida Expressway Authority to negotiate leasing the rights of way it needs to…
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Municipal Bond Credit Report: How Oxnard got a refunding deal done after years of turmoil
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: LOS ANGELES — Oxnard, California, officials call a recent water and wastewater refunding deal a success with investors, overcoming years of local turmoil that included a voter-approved reversal of a rate increase and an unsuccessful recall effort targeting the mayor and city council members…. Link to Story
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Municipal Bond Credit Report: Providence better positioned than Trenton to improve credit, says Moody’s
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Providence is better positioned than Trenton to improve its credit quality, according to a Moody’s Investors Service commentary that compared the capitals of Rhode Island and New Jersey. Moody’s rates both cities Baa1 with stable outlooks. … Link to Story
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Municipal Bond Credit Report: Victorville, California, cures seven years of bond defaults
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Victorville, California, is about to become current on payments for bonds that left a seven-year trail of defaults and forced the city to settle a bond fraud case brought by the Securities and Exchange Commission…. Link to Story
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Municipal Bond Credit Report: Nassau County advances bond deal to fund tax settlement debt
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Nassau County, New York, is pushing forward with a borrowing plan to tackle a backlog of refunds it owes taxpayers…. Link to Story
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Municipal Bond Credit Report: D.C.’s innovative approach to capital planning
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: WASHINGTON – The District of Columbia has begun producing some of the most comprehensive and detailed infrastructure asset data in the business, and may influence the practices of other large frequent issuers…. Link to Story
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Municipal Bond Credit Report: Shift to fixed rate lifts Delaware River Port Authority outlook
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A planned elimination of variable-rate debt exposure and termination of outstanding swaps lifted the rating outlook of the Delaware River Port Authority ahead of a $721 million deal…. Link to Story