Tag: Municipal Bond Credit
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Municipal Bond Credit Report: Moody's downgrades St. Louis, MO city's bond rating
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Moody’s Investors Service on Tuesday (March 7, 2017) downgraded the city of St. Louis’ general obligation bond rating from A2 to A3… Link to Story
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Municipal Bond Credit Report: CalPERS set to slash pensions for nearly 200 workers
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: For the second time in four months, CalPERS is preparing to slash benefits for a group of retirees whose former employer stopped cutting checks to fund their pensions… Link to Story
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Municipal Bond Credit Report: SEC Proposal on Bank Loans May Be Far Reaching
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The SEC’s proposal to obtain more information disclosures on bank loans, placements and other financing alternatives to municipal bonds could affect leases, guarantees, derivatives and certain monetary obligations… Link to Story
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Municipal Bond Credit Report: MSRB Draft Rules Would Clarify CUSIPs Needed for Private Placements
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The MSRB has draft amendments to its Rule G-34 on CUSIP numbers to clarify requirements and clear up misunderstandings… Link to Story
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Municipal Bond Credit Report: U.S. SEC takes aim at municipal bank loan disclosure
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The U.S. Securities and Exchange Commission agreed on Wednesday to move forward with proposals requiring the disclosure of bank loans and other private financial deals entered into by municipal bond market issuers… Link to Story
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Municipal Bond Credit Report: SEC Takes First Step on Disclosure of Bank Loans to States, Localities
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Securities and Exchange Commission took a first step toward shedding light on loans from banks to states and localities that are increasingly being used to finance infrastructure projects, rather than issuing debt in public markets… Link to Story
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Municipal Bond Credit Report: Power struggle: Financial woes jolt contractor at South Carolina nuclear plant
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Credit concerns are mounting over the financial stability of Toshiba Co., parent of the company building partly municipal bond-financed nuclear units in South Carolina and Georgia… Link to Story
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Municipal Bond Credit Report: CPS says shorter school year possible if no favorable ruling in funding suit
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Chicago Public Schools upped the stakes of its legal challenge to state education funding on Monday, warning that the school year could end nearly three weeks early and summer school programs could be cut if the district doesn’t get a quick and favorable ruling… Link to Story
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Municipal Bond Credit Report: Illinois's Largest State Employee Union Authorizes Strike
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The largest state employee union on Thursday made its latest move in a years-long chess match against Republican Gov. Bruce Rauner, announcing its members had taken the unprecedented step of authorizing a strike… Link to Story
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Municipal Bond Credit Report: Albany needs $12.5 million from New York State to fill budget gap
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Albany Mayor Kathy Sheehan launched a crusade Thursday morning aimed at averting an economic disaster for the city… Link to Story