"There's not one state rated by Fitch (Ratings) with a negative outlook right now, not one," said Dan Hartman, Managing Director and Immediate Past CEO PFM Financial Advisors LLC. "There's 15 with a positive outlook. There's 18 …

A CTA train in Chicago's Loop. A tax law change has reshaped Chicago transit's fiscal cliff. Bloomberg News A 2024 Illinois law changing sales tax distributions has ramifications for the fiscal cliff facing Chicago-area transit agencies. Because of …

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 …

(MENAFN- Khaleej Times) Binghatti Holding Ltd, a leading UAE luxury real estate developer, on Tuesday reported year-on-year profit and revenue almost tripling for the first half of 2025, driven by the continued demand for its projects. Net profit in the …

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 …

A barge is filled with coal along the Mississippi River in Chester, Illinois, in 2012. Coal-fired power generation has come under scrutiny from citizens' groups in some Illinois municipalities.Bloomberg News The Illinois Municipal Electric Agency has …

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 …

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 …

"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 …

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 …