MIDWEST Bond-Watch

Shields, Yvette; Carvlin, Elizabeth
March 2005
Bond Buyer;3/2/2005, Vol. 351 Issue 32081, p35
Trade Publication
The article presents information from the business world in the Middle West of the U.S. One portion of the article reports that Chicago last week disclosed the dollar amounts on the losing bids for the 99-year concession lease to operate the 7.8-mile Chicago Skyway toll road, which showed a more than $1 billion difference between the top bidder and the next highest. Similarly, another portion of the article reports that Moody's Investors Service Inc. on Friday upgraded its rating for $20.5 million of bonds to be issued through the Michigan State Hospital Finance Authority to refund 1997 debt on behalf of Bay Regional Medical Center.


Related Articles

  • Moody's Becomes Third Agency to Downgrade Louisiana. DeSue, Tedra // Bond Buyer;12/5/2005, Vol. 354 Issue 32271, p4 

    The article presents information on the downgrading of Louisiana's bond rating by Moody's Investors Service Inc. Moody's lowered the debt to the equivalent A2 from A1. Moody's also downgraded several revenue bond issues to A3 from A2, including about $95 million of toll road revenue bonds sold...

  • Fitch Ratings Report Sees 'Resilience' in Toll Revenue Bonds. Sanchez, Humberto // Bond Buyer;4/25/2005, Vol. 352 Issue 32118, p3 

    This article focuses on the report by Fitch Ratings Inc., which states that the outlook for toll revenue bonds remains stable. Public toll-road operators have been able to boost rates to mitigate potential declines in toll revenue despite a tendency of toll authorities to charge just enough to...

  • Moody's Downgrades Florida's Turnpike Revenue Bonds to Aa3. Sigo, Shelly // Bond Buyer;9/23/2009, Vol. 369 Issue 33188, p3 

    The article offers information on the financial performance of Florida Department of Transportation as evaluated by the Moody's Investors Service Inc. It notes that the department's revenue bond rating was downgraded by Moody's from Aa2 to Aa3 due to specific decline in traffic and revenue along...

  • Newly Upgraded Albuquerque Seeks Bids for $43M GO Deal. Williamson, Richard // Bond Buyer;5/12/2008, Vol. 364 Issue 32876, p38 

    The article reports on the acceptance of bids on $43 million general obligation (GO) bonds in a competitive deal in Albuquerque, New Mexico. The issue includes $39 million bonds for various city improvements and $4 million for sewer projects. It is noted that the city won a coveted AAA rating...

  • Las Vegas Project Put on Moody's Watch List. Kelemen, Jasmina // Bond Buyer;11/29/2004, Vol. 350 Issue 32018, p4 

    Reports on the inclusion of Monorail's first lien bonds on the watch list of Moody's Investors Service for possible downgrade of its underlying Baa3 rating in Las Vegas, Nevada. Availabiltiy of contingency funds and cash balances for the project to pay operating expenses and debt service;...

  • Moody's Drops St. Louis Hotel Bonds, Feels Investors Will Take Hit. Shields, Yvette // Bond Buyer;3/11/2009, Vol. 367 Issue 33078, p4 

    The article reports on Moody's Investors Service Inc.'s decision to downgrade the $98 million St. Louis, Missouri convention center hotel bonds from Caa2 to Ca. Moody's explains that the downgrade was due to the forecast that bondholders who now own the hotel will likely incur a loss on their...

  • Moody's: Despite Tobacco MSA Turbulence, Ratings Still Apply. Albanese, Elizabeth // Bond Buyer;6/20/2006, Vol. 356 Issue 32406, p5 

    The article reports that Moody's Investors Service Inc. has stated that changes in tobacco bond ratings would be permanently affected by reduced Master Settlement Agreement (MSA) payments by tobacco companies in Texas. Under the terms of the MSA, manufacturers that signed the 1998 agreement can...

  • Moody's Downgrades Washington Twp Health, Calif., to Aa3.  // Bond Buyer;9/5/2012, Vol. 121 Issue 33776, p1 

    The article informs that Moody's Investors Service Inc. has decreased the bond ratings of Washington Township Health Care District in California from Aa2 to Aa3. It informs that 70.4 million U.S. dollars of rated general obligation bonds secured by the voter-approved property tax pledge is going...

  • MARYLAND: S&P Sinks Aquarium. Temple-West, Patrick // Bond Buyer;6/29/2009, Vol. 368 Issue 33139, p9 

    The article reports on the move of Moody's Investors Service Inc. to lower the rating of the National Aquarium in Baltimore from A3 to Baa1. It notes that the move was made due to the aquarium's attendance pressures, investment losses and variable-rate debt exposure. According to the rating...


Read the Article


Sign out of this library

Other Topics