Tag: Municipal Bond Credit
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Municipal Bond Credit Report: Ports fared better than anticipated in 2020 amid pandemic
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The nation’s ports didn’t experience the cratering of traffic anticipated earlier in the year because of the global pandemic, and according to forecasters the next two years are looking pretty good… Link to Story
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Municipal Bond Credit Report: U.S. Unemployment Claims Rose to 853,000 Last Week
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Worker applications for unemployment benefits rose sharply last week, an indication layoffs remain at a high level nearly nine months into the coronavirus pandemic… Link to Story
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Municipal Bond Credit Report: California auditor finds significant financial risks in a Los Angeles suburb
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A Los Angeles suburb that pledged its streets as collateral for a pension bond deal is under a new spotlight because of its financial practices.. Link to Story
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Municipal Bond Credit Report: New York City gets negative outlook from S&P
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: New York received its latest rating agency hit Tuesday when S&P Global Ratings revised its outlook to negative from stable on the city’s general obligation bonds… Link to Story
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Municipal Bond Credit Report: Tax-exemption reinstated for Minnesota charter school bonds
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Internal Revenue Service recently reversed an earlier ruling and reinstated the tax-exempt status of $26.1 million in charter school lease revenue bonds for a school in Minnesota… Link to Story
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Municipal Bond Credit Report: Final bankruptcy domino to fall in Better Housing Foundation bond fiasco
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A troubled, bond-financed Chicago-area affordable housing portfolio will this month become the last of five Better Housing Foundation portfolios to file for bankruptcy, setting the stage for final bondholder payouts on $170 million of defaulted debt over the coming year… Link to Story
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Municipal Bond Credit Report: U.S. Added 245,000 Jobs Last Month as Hiring Slowed
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. job growth slowed sharply in November, suggesting the labor-market recovery is losing steam amid a surge in coronavirus cases and new business restrictions… Link to Story
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Municipal Bond Credit Report: U.S. Job Openings Slipped in Early December
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The number of job openings in the U.S. edged down slightly in the first week of December, a sign of a softening labor market amid an upsurge in coronavirus infections and ebbing fiscal support for households… Link to Story
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Municipal Bond Credit Report: Illinois sets second MLF borrowing at $2 billion
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Illinois will borrow $2 billion through the Federal Reserve’s short-term lending program that expires at the end of the year, Gov. J.B. Pritzker announced Wednesday… Link to Story
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Municipal Bond Credit Report: S&P Global Agrees to Buy IHS Markit for About $44 Billion
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: S&P Global Inc. SPGI +1.78% agreed to acquire IHS Markit Ltd. INFO +7.17% for about $44 billion, the companies said Monday, a landmark deal that would combine two of the largest providers of data to Wall Street… Link to Story