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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After lowering the city's issuer rating a notch to A1, the rating agency warned of a possible further downgrade or withdrawal of the rating.
November 26 -
The use of extendable commercial paper, a first by an airport, provided DFW interim financing for its capital program without the need for bank liquidity.
November 26 -
Debt issuance and public-private partnerships could be in the financing mix for projects considered by the Arizona Water Infrastructure Finance Authority.
November 20 -
The low-rated, Phoenix-based university turned to a public debt sale after refinancing maturing outstanding bonds with bridge loans.
November 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.
November 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.
November 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.
November 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.
November 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.
November 6 -
Issuers in Southwest states led by Texas are hoping voters will approve billions of dollars of bonds in Tuesday's election.
November 5 -
The Payson Town Council rescinded its approval for $70 million of bonds targeted by a lawsuit filed in September.
November 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.
October 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.
October 23 -
A constitutional amendment would allow municipalities to approve districts that could issue bonds to finance infrastructure for housing developments.
October 22 -
Conference sponsorships targeting bond firms led Mayor John Whitmire to call for a probe into actions by Controller Chris Hollins, who denied any wrongdoing.
October 18 -
Negotiated Bond SalesIntermountain Power Agency's bond sale comes after Utah lawmakers tweaked a state law to address concerns about its impact on the agency's outstanding debt.
October 16 -
Votes on Amendment A, which would have allowed excess income tax revenue earmarked for public education to flow into the state budget, will not be counted.
October 15 -
Houston and other Texas cities face financial pressure caused by weather disasters, public safety salaries and pensions, or capped property tax collections.
October 15 -
The University of Arizona, which was hit with negative rating outlooks earlier this year, scheduled a debt refunding led by Morgan Stanley for Wednesday.
October 8 -
A lawsuit filed by a business group in federal court in August claims a 2021 Texas law violates free speech protections.
October 7
