Posts Tagged ‘debt’

Moody’s downgrades city’s bond rating

by Published: March 7,2013

Tags: bond, bond rating, borrow, city, debt, finance, loan, municipal, municipality

NATCHEZ — The City of Natchez has received a slight downgrade to its bond rating. The Natchez Democrat reports the Moody’s Investors Service downgraded the city’s general obligation bond rating from A1 to A2. City financial adviser Demery Grubbs said the move should have no effect on the city’s capacity to borrow money. He said […] [...]

State House gives nod to $184M in bonds

JACKSON — House members want the state to borrow more than $184 million, mainly for new buildings at Mississippi’s community colleges and public universities. The House passed bills to borrow $120 million for universities, $25 million for community colleges and $3 million for a statewide community college headquarters. Members also agreed to borrow $5 million […] [...]

Bad money habits to break in 2013

by Published: January 11,2013

Tags: budget, budgeting, debt, money management, personal finance

Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns year after year. If you sometimes succumb to these financial tendencies, the New Year is as good an occasion as any to alter your behavior: No. 1 — Living without a budget. You may make enough money that […] [...]

Fitch Ratings gives TVA bonds ‘negative’ outlook

NORTH MISSISSIPPI — Fitch Ratings has assigned an “AAA” rating to the $1-billion 2012 series B Tennessee Valley Authority (TVA) global power bonds. The bonds were priced Dec. 18, 2012. Proceeds from the 2012 series B bonds will be primarily used to refinance outstanding debt. In addition Fitch awarded a parity global power bond rating […] [...]

Committee chair vows to work on bond package next session

JACKSON — The Mississippi House and Senate will try to agree on a package of long-term borrowing next year, after failing to authorize one this past spring, a top lawmaker said. Senate Finance Committee chairman Joey Fillingane, R-Sumrall, said leaders want to cover the state’s needs without creating too much bond debt. The state issues […] [...]

Chickasaws moving forward on buy of riverboat casino

Vicksburg — An Oklahoma Indian tribe is moving forward with buying the DiamondJacks casinos in Bossier City, La., and Vicksburg. A bankruptcy auction did not occur after Global Gaming Solutions was the only bidder to qualify. The unit of the Chickasaw Nation of Oklahoma plans to pay $27.5 million in cash and $97.5 million in […] [...]

Fitch gives hospital bonds ‘negative’ outlook

by Published: October 12,2012

Tags: bond, clinic, credit, debt, health, health care, hospital, medical, medicine, outlook, rate, rating

HATTIESBURG — Fitch Ratings has affirmed its “A” rating on the following bonds issued on behalf of Forrest County General Hospital (Forest Health) (MS): — $70,000,000 Mississippi Hospital Equipment and Facilities Authority revenue bonds, series 2010; — $43,265,000 Mississippi Hospital Equipment and Facilities Authority, series 2009. The Rating Outlook is revised to “negative” from “stable.” […] [...]

Fitch Ratings ‘negative’ about senior student loan notes

JACKSON — Fitch Ratings has affirmed the senior student loan notes issued by Mississippi Higher Education Assistance Corp. (MHEAC), 1993 Trust Indenture. The Rating Outlook is “negative.” Fitch wrote: “The collateral supporting the notes comprises 95 percent cash and 5 percent student loans originated under the Federal Family Education Loan Program (FFELP). The Negative Outlook […] [...]

Pickering threatens to garnish Mayor Davis’ paycheck

SOUTHAVEN — Mississippi Auditor Stacey Pickering paid a surprise visit to Southaven Mayor Greg Davis at a city meeting and announced plans to garnish the mayor’s paycheck. The Commercial Appeal reports Pickering returned $96,000 in disputed funds repaid by Davis last night, but announced plans to take the mayor’s paycheck to recover another $70,000. Pickering […] [...]

Fitch rates airport bonds ‘A-’ and awards stable outlook

JACKSON — Fitch Ratings has affirmed Jackson Municipal Airport Authority’s outstanding $42.1 million airport revenue and refunding bonds at “A-.” The Rating Outlook remains “stable.” Fitch wrote: “Traffic is currently similar to levels prior to Hurricane Katrina where the airport served evacuees and recovery efforts following declines over the past five consecutive years. Stability is […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments