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Intermountain Healthcare's $158M Deal Meets Strong Demand
Despite ongoing federal court battles over the fate of the nation's health insurance system, Utah's Intermountain Healthcare Services found a receptive muni market when it priced $158 million of tax-exempt bonds July 22, officials said.
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With no debt on its books, Salt Lake City International Airport has broken ground on a $1.8 billion redevelopment that will not require a bond issue until 2016 at the earliest, officials said.  more »
Oil and gas producers in Colorado won a significant legal victory Thursday, as a state district court struck down a local on hydraulic fracturing within city limits.  more »
A year after voters rejected a $99 million bond issue that included a controversial football stadium, Katy Independent School District is considering a $748 million proposal that includes a cheaper stadium.  more »
Texas will provide nearly $6 million in subsidies for Charles Schwab Corp. to add a new center in El Paso and expand its Austin operation, Gov. Rick Perry said.  more »
Houston saved about $16.6 million on $372 million of new money and refunding issues over a two-day period, controller Ronald Green told The Bond Buyer.  more »
Kansas Gov. Sam Brownback, a frequent critic of federal spending, is urging Congress not to cut funding for military bases in the Sunflower State.  more »
The Kansas Public Employees Retirement System is under investigation by the Securities and Exchange Commission for its pension disclosure practices, a probe that began in 2010, according to a KPERS spokeswoman and bond documents.  more »
The plight of State Highway 130 outside Austin, Texas, is a stark example of the risks involved in building toll roads in undeveloped areas, according to Fitch Ratings.  more »
Kansas Public Employees Retirement System has crossed the 60% funding threshold for its pension fund with strong investment returns.  more »
The online securities auction site Zions Direct – intent on becoming the "eBay of fixed income" -- is looking for a chance to price its first municipal primary market issue, according to chairman David Hemingway.  more »
Arizona Gov. Jan Brewer said the state will appeal a state district court order to restore $1.6 billion in school funding.  more »
Colorado Gov. John Hickenlooper will leave a decision on statewide oil and gas drilling restrictions to voters instead of calling a special session.  more »
Two former attorneys general for Utah, Mark Shurtleff and John Swallow, took bribes in criminal and civil cases, prosecutors said in charges filed in the state's 3rd District Court in Salt Lake City.  more »

Since the release of the Securities and Exchange Commission's final municipal advisor registration rule in September 2013, the Bond Dealers of America and its members have dedicated significant efforts and resources to work with regulators, educate issuers and ultimately be prepared to make a successful implementation of the rule.

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