FINRA tip leads to repayments on defaulted Florida bridge bonds
Thirty brokerage firms overcharged for the Santa Rosa bridge bonds after relying on data vendors who provided incorrect factors to determine the price.
Source: bondbuyer.com
Page 2 - Bond Defaults News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Bond Defaults. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Bond Defaults Today - Breaking & Trending Today
Trustee for Texas senior living bonds to fight bankruptcy exit plan
Revenue bonds sold in 2018 for the project would be paid over seven years at lower rates under the Chapter 11 exit plan for the Bridgemoor at Plano debt.
Source: bondbuyer.com
New Jersey borough sues American Dream Mall for PILOT payments
East Rutherford is suing the project's developer, saying it has missed millions of scheduled payments in lieu of taxes. American Dream's owners disagree.
Source: bondbuyer.com
Struggles of two California hospitals reflect industry's challenges
One public hospital district violated a debt service covenant and was downgraded to junk; the other declared a fiscal emergency and seeks an outside partner.
Source: bondbuyer.com
GO rating fallout over event defaults on unrated bonds draw market scrutiny
Fitch Ratings received enough inquiries over S&P's action — slashing a Chicago suburb's GO rating by seven notches — that it put out a special commentary outlining differences between the two agencies' analytical approach even though Fitch does not rate the village under scrutiny.
Source: bondbuyer.com