Mayor Luke Bronin News

One of Hartford’s Biggest Bondholders Doesn’t Foresee a Default

One of Hartford, Connecticut’s biggest bondholders isn’t too worried the distressed capital city will default on its debt. Lyle Fitterer, the head of municipal securities investments for Wells Fargo Asset Management, said in an interview that Hartford has options for …

Assured Guaranty to Offer City of Hartford Refinancing Plan to Avoid Bankruptcy

Securities insurer Assured Guaranty Ltd. said on Monday it would grant Hartford, the capital of Connecticut, a municipal bond that offers financial support, a move that could help the city avoid filing for bankruptcy. Hartford would likely seek to file …