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Tonya Chin

Recent Stories From this Author

Stockton Judge: CalPERS Not Sancrosanct in Chapter 9
October 1, 2014 The judge in the Stockton, Calif. bankruptcy case has ruled that a city in Chapter 9 bankruptcy has the power to adjust...

Brown Signs California Infrastructure Finance Bills
September 30, 2014 Gov. Jerry Brown on Monday signed into law a bill that will make it easier for local governments to take advantage of a...

Moody's Upgrades California Art School
September 30, 2014 Moody's Investors Service has upgraded the California College of the Arts ahead of a private placement planned later this month.

Monterey Peninsula Water Gets Bond Green Light
September 26, 2014 Gov. Jerry Brown signed a bill authorizing a bond issuance for the Monterey Peninsula's water project.

California Water Dept. Plans $625M Refunding
September 25, 2014 California's Department of Water Resources is planning to sell $625 million of water revenue bonds to refund a portion of its...

California Upsizes Green Bond Sale
September 24, 2014 California completed its sale on Tuesday of $2.37 billion of general obligation bonds, meeting strong demand from both retail...

WSU to Sell Bonds for New Health Clinic
September 24, 2014 Washington State University has been authorized to sell up to $16.25 million of revenue bonds for a new health clinic at its...

Fitch Sees Long-Run Positive in California Water Bills
September 22, 2014 New groundwater legislation signed by California Gov. Jerry Brown will benefit water agencies in the long run, but won't make...

Moody's: California Groundwater Legislation a Credit Positive
September 19, 2014 California's new groundwater laws are a credit positive for the state's economically struggling Central Valley region,...

California GOs Are Going Green
September 18, 2014 California is making its debut into the "green bond" market next week with its $2.3 billion general obligation bond sale.


Issuance of municipal MSA tobacco bonds by states was the subject of a highly critical article published by ProPublica. The article attempts to make a case that states erred in deciding to issue tobacco bonds. The article was widely circulated across social media. As we frequently observe, the national media focus on the muni market is appreciated, but the facts got muddied in the pursuit of a good story.

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