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Guam airport outlook dropped to negative by Moody's
07 Jul 2025 17:46 GMT
A.B. Won Pat International Airport, Guam, is seeing fewer enplanements than the low end of expectations, Moody's said. AdobeStock
Moody's Ratings revised the outlook on A.B. Won Pat International Airport Authority's revenue bonds to negative …
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Santander Drive prepares to issue $1.7 billion in auto ABS
21 Jul 2025 20:40 GMT
Santander Consumer USA is preparing to sponsor a $1.7 billion securitization of revenue from a pool of 70,785 non-prime quality retail installment loans that it has acquired.
The deal, Santander Drive Auto Receivables Trust, 2025-3, can be upsized to $2.1 …
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DC Water coming to market with green bonds
21 Jul 2025 19:25 GMT
"DC Water is excited to be back in the market with a transaction that will fund infrastructure investments in Washington D.C.," said Matthew T. Brown, chief financial officer and executive vice president of D.C Water. "We plan to issue green …
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Maui County to sell first GO deal since fires decimated Lahaina
21 Jul 2025 18:52 GMT
Maui County plans to competitively sell $301.8 million in general obligation bonds Wednesday.AdobeStock
Maui County plans to sell by competitive bid Wednesday $301.8 million of general obligation bonds, its first GO deal since before the 2023 fires …
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New York state budget boost helped MTA net Moody's upgrade
25 Jun 2025 22:36 GMT
The New York state budget deal included nearly $30 billion for the Metropolitan Transportation Authority's 2025-2029 capital plan.
The budget had one other delayed benefit for the transit agency: a rating upgrade from Moody's Ratings.
The …
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Alaska wins upgrade from Moody's
18 Jun 2025 14:58 GMT
An Alaska state flag flies in Anchorage.Bloomberg News
A growing rainy-day fund helped Alaska win a Moody's Ratings upgrade Tuesday.
The state's issuer and general obligation bond ratings were lifted to Aa2 from Aa3. "The upgrade reflects the …
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After Moody's, Fitch Ratings also gave a shock!
21 Apr 2025 18:37 GMT
India's economic growth is expected to slow down amid the uncertainty created by US tariffs and world trade tensions around the world. After US agency Moody's, now rating agency Fitch has also made a similar estimate about India's GDP. On …
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Truth in Accounting explains what the Moody's downgrade really means for taxpayers
31 May 2025 12:13 GMT
(The Center Square) – When the U.S. lost its last AAA credit rating earlier this month, a nonprofit group that tracks government spending wasn't surprised.
Truth in Accounting, which pushes for financial transparency across all levels of government, …
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Moody's downgrade reflects US debt woes
29 May 2025 09:24 GMT
People walk past the US Capitol building in Washington, DC, the United States, Jan 19, 2025. [Photo/Xinhua]
Moody's recent downgrade of the United States' sovereign credit rating from the top-notch Aaa to Aa1 — the first time in more than 100 …
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Maryland treasurer suggests dumping Moody's after downgrade
27 May 2025 19:15 GMT
"To hell with Moody's," said Maryland State Treasurer Dereck Davis. "Now you're seeing why, if you do some research, more and more states are also moving away from Moody's." State of Maryland
The aftershocks of Maryland' …