Karen is a senior reporter covering the Southwest. She has covered the municipal bond market for more than 30 years at The Bond Buyer and Reuters. Prior to that she wrote about futures and options markets for magazines and was an award-winning reporter for a suburban Chicago newspaper chain.
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The low-rated, Phoenix-based university turned to a public debt sale after refinancing maturing outstanding bonds with bridge loans.
By Karen PierogNovember 19 -
The deal, which marks the city's largest special facilities revenue bond issuance, will help finance a terminal project at George Bush Intercontinental Airport.
By Karen PierogNovember 19 -
The outlook change to negative comes in the wake of voter approval on Nov. 5 of a ballot measure requiring certain public safety spending by the city.
By Karen PierogNovember 15 -
The county is reviewing responses to a request for proposals to help fund construction of a replacement jail through a bond-financed lease-purchase arrangement.
By Karen PierogNovember 14 -
The turnpike plans to sell $1 billion of revenue bonds in 2025's first quarter to continue funding for an expansion project now estimated to cost $8.2 billion.
By Karen PierogNovember 7 -
The University of Texas at Austin's Center on Municipal Capital Markets will provide graduate and continuing education programs, research reports, and public outreach.
By Karen PierogNovember 6 -
Issuers in Southwest states led by Texas are hoping voters will approve billions of dollars of bonds in Tuesday's election.
By Karen PierogNovember 5 -
The Payson Town Council rescinded its approval for $70 million of bonds targeted by a lawsuit filed in September.
By Karen PierogNovember 1 -
Up to $475 million of unrated revenue bonds will be sold to purchase, expand, and renovate the Stanley Hotel, which inspired Stephen King's The Shining.
By Karen PierogOctober 24 -
The event went on as scheduled Tuesday against a backdrop of escalating conflict between the mayor and controller, with each requesting a probe of the other.
By Karen PierogOctober 23