Muni Lowdown: MTA Mind the gap

New York’s Metropolitan Transportation Authority (MTA) has seen its various revenue streams eviscerated by the new coronavirus (COVID-19) outbreak, but bondholders tell Debtwire Municipals that the essential nature of the authority’s services to the New York City region make it too important to fail, even for a State of New York that is itself stretched to the limits by the crisis. Chuck Stanley discusses the nation’s largest public transit authority. Massachusetts hospitals are showing risk factors for coronavirus (COVID-19) related financial distress, according to a Debtwire Municipals’ analysis of pre-pandemic operating results. Simone Baribeau looks at the financial factors in this quarter's Hospital Watch report. Yong Lim, the Debtwire Municipals desk editor, is the moderator of the podcast. The Muni Lowdown is a weekly podcast recapping the previous week's significant news developments in the municipal bond market. For comments or questions contact [email protected]