Municipal Credit Briefs

Oakley Union Elementary School District

November 2017

General Obligation Bonds, Election of 2016, Series 2017A The Bonds were upgraded to AA- from A+ by S&P in coincident with the issuance.  The Bonds were issued to finance a capital improvement project, and are payable from unlimited ad valorem prope …


City of Worcester, MA

January 2016

  City of Worchester successfully issued $41.492 Million of Series 2015A General Obligation Municipal Purpose Bonds. The Bonds are rated AA-minus by S&P, Aa3 by Moody’s, and AA-minus by Fitch. The Bonds are being issued for the purpose of fina …


Brillion, Wisconsin

June 2015

City of Brillion successfully issued $2.645 Million of Series 2015B General Obligation Corporate Purpose Bonds The Bonds are Non-Rated The Bonds are being issued for the public purposes of financing street improvement projects; water system projects; s …


Wicomico County, Maryland

December 2014

Wicomico County, Maryland successfully issued $1.605 Million of Series 2014B Taxable General Obligation Public Improvement Bonds. The bonds are rated Aa2 by Moody’s and AA+ by Standard & Poor’s. The Bonds are being issued for the purpose of financi …


Village of Gilberts, Illinois

July 2014

The Village of Gilberts, Illinois successfully issued $11.72 million of Special Tax Refunding Bonds on June 24th, 2014. The Bonds were issued for the purpose of advance refunding a portion of the Village’s Series 2005 Special Service Area #15 Special T …


Black River Falls, Wisconsin

April 2014

$5.225 Million Electric System Revenue Refunding Bonds, Series 2014 The Bonds are being issued for the purpose of refunding, on a current basis, the 2014 through 2030 maturities of the City’s Series 2010A Taxable Electric System Revenue Bonds (Build Am …


Colona, Illinois

July 2013

$2.735 Million General Obligation Waterworks & Sewerage Alternate Revenue Source Bonds, Series 2013 The Bonds are being issued to finance capital improvements to the City’s waterworks and sewerage systems and to pay costs associated with the issuan …