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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Dallas Fort Worth International Airport received a S&P rating upgrade and a positive rating outlook from Moody's ahead of a $750 million bond sale next week.
By Karen PierogAugust 13 -
Municipal bond market participants say a proposed constitutional amendment targeting property tax revenue would increase borrowing costs and lead to litigation.
By Karen PierogAugust 13 -
Texas' largest school district, which was taken over by the state last year, is seeking voter approval for bonds for the first time since 2012.
By Karen PierogAugust 9 -
The Greater Arizona Development Authority, which has been inactive for nearly a decade, will once again offer lower cost financing for rural communities and tribal governments.
By Karen PierogAugust 8 -
The July 31 arrest of Eduardo Ramos, who submitted his resignation July 23, was not related to his job, according to the school system.
By Karen PierogAugust 6 -
The states and others are pushing back against studies showing adverse financial effects from laws that punish banks for their fossil fuel and firearm policies.
By Karen PierogAugust 6 -
The mayor and controller debated the causes for the rating outlook revision to negative from stable ahead of a July city bond sale.
By Karen PierogJuly 31 -
Concerns have been raised about audits related to nearly $2.9 billion of ratepayer-backed bonds sold for Oklahoma utilities in 2022.
By Karen PierogJuly 30 -
Continued economic growth and budgetary discipline could lead to an upgrade of the state's AA rating over the next two years, S&P said.
By Karen PierogJuly 26 -
The Texas Water Development Board expects to sell up to $1.8 billion of tax-exempt and taxable bonds in September.
By Karen PierogJuly 23