Nora Colomer
The Bond Buyer
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Past articles by Nora:
NCAA's coronavirus fallout includes negative rating outlook
Moody’s revised its outlook on the NCAA's Aa2 rating to negative from stable, an action that impacts less than $10 million of debt. → Read More
Ohio offering $900 million borrowing lifeline for hospitals
The state treasurer’s office began purchasing eligible VRDOs from participating Ohio health care systems and other critically important institutions. → Read More
Bond-financed hotels take a hit as COVID-19 wipes out conventions
Ratings for convention center financings and for hotels build to support the venues are under pressure. → Read More
Primary disclosure ramps up as borrowers assess COVID-19 pain
Disclosure in a series of pending and recently priced Midwest healthcare deals underscore the rapidly evolving impact of COVID-19. → Read More
Indiana governor redirects budget surplus amid COVID-19 economic fallout
Eric Holcomb said the state will consider using bond authority to move forward with capital projects that were to have been funded on a pay-go basis. → Read More
Great Lakes Water Authority may delay deal amid COVID-19 concerns
GLWA has the flexibility to come to market as early as this week, but is monitoring the market in light of the COVID-19 impact. → Read More
Bond proposals, tax renewals abound on Michigan, Ohio ballots
Michigan voters head to the polls on March 10 to decide on more than $600 million of school boding proposals. → Read More
Fight brewing over Michigan governor's road bond fix
Pending legislation seeks to block governor’s $3.5B bond-funded road fix. → Read More
Fitch criteria shift puts Gary, Indiana, airport bonds on rating watch
The rating agency expects to resolve the rating watch evolving within the next four months. → Read More
Outlook boost for junk-rated Flint hospital ahead of deal
Moody's Investors Service revised the outlook on Hurley Medical Center's Ba1 rating to positive from stable ahead of a $52 million sale. → Read More
Detroit's recovery continues with better rating outlook
The city is in line for an credit upgrade if it can sustain the positive financial strides it has made since exiting bankruptcy five years ago. → Read More
Michigan hospital adds taxable to its debt mix
Covenant's issuing tax-exempt debt to retire some variable-rate, term loan bank debt and taxable bonds to fund construction of a rehabilitation facility. → Read More
Massive Ohio tobacco bond refunding takes Buckeye credit off default track
The $5.2 billion Buckeye Tobacco Settlement Authority deal will restructure the debt service schedule, returning the Ohio credit to investment-grade. → Read More
Forecast dives into Detroit's economic prospects
Drawing the distinction between the region and the city helps the city provide better revenue projections going forward. → Read More
Omaha will put infrastructure bond proposal to voters
Omaha voters will be asked in May to authorize $200 million of general obligation bonds. → Read More
Cleveland refunding paves way for new debt
The city is pricing the bonds the week of Feb. 10 for an anticipated $7 million in savings, according to city debt manager Betsy Hruby. → Read More
Michigan bond plan sparks debate over affordability
Michigan state officials say low interest rates make a compelling case for issuing bonds to fix roads. → Read More
Ohio public pension system cuts retiree healthcare benefits
The changes are a credit positive for the state of Ohio and the local governments that participate in OPERS since it lowers unfunded OPEB liabilities. → Read More
Michigan governor turning to bonds to fix roads
The state would issue the state trunkline fund bonds over the next four years to add and expand 122 major new projects. → Read More
Wayne County, Michigan, hires former Flint CFO
Hughey Newsome resigned as Flint's chief financial officer saying he was treated poorly by members of the city council. → Read More