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J.P. Morgan is scheduled to price the deal as municipal issuers confront shifting interest rates, secondary market supply, and evolving investor sentiment.
7h ago -
The city delayed a $1.8 billion deal that was on the calendar this week, but the new money deal proceeds will be needed for a project tied to the 2028 Olympics.
September 29 -
Credit ratings for California utilities could face downward pressure as recurring wildfire risks test safety funds and strain balance sheets.
September 25 -
The veto means California won't have a new vehicle to fund large-scale infrastructure. Newsom also killed a bill to unwind pension reforms.
September 25 -
Proposition 40 aims to raise $100 billion through a one-time tax on assets over $1 billion to offset federal Medicaid cuts.
September 23 -
Bondholders agreed to extend the lender longstop date, giving developers more time to test the LAX SkyLink project and avoiding an imminent technical default.
September 21 -
The rising cost of living, demographics, and growing utility demands are reshaping the credit profiles of municipal issuers and public utilities for the worse.
September 18 -
Despite uncertainty created by federal policies and global turmoil, California's trade did not shrink; it shifted.
September 16 -
Senators from western states sent a letter to two federal agencies to address preparations for an extended fire season.
September 14 -
To meet the climate challenge, capital investment must shift to early resilience investment and preparation from disaster recovery, a new report argues.
September 11 -
Oregon Gov. Tina Kotek canceled plans for a Salem data center in July. Her new edict goes further.
September 8 -
Oregon State Rep. Paul Evans proposed a grant program that would fill budgetary gaps for small cities at risk of closing what he deems as essential city services.
September 4 -
The failure of California's recent wildfire liability legislation leaves investor-owned utilities like PG&E and SoCal Edison exposed to continued financial risk and potential ratings downgrades.
September 4 -
The incoming Bond Buyer Hall of Famer says titles and board seats are "empty calories" unless they improve the municipal market, a philosophy that has shaped his work in regulation, banking, and mentorship.
September 1 -
State Sen. Scott Wiener reintroduced the bond measure, intended to counteract federal funding cuts to scientific research.
August 31 -
The revised bill removes provisions creating state-backed credit enhancement for affordable housing bonds, calling instead for a study of housing finance tools.
August 28 -
California's fall issuance plans bring a big name into the market at a time when high muni issuance levels have withstood higher interest rates.
August 28 -
SFPUC's head would like rating agencies to consider what issuers are doing well regarding climate risk as well as where they fall short.
August 24 -
A report by Ceres found climate risk — and climate resilience — disclosure uneven after a review of offering documents from 60 recent municipal bond sales.
August 21 -
Tens of thousands of acres have burned in central Oregon and in the Spokane region of eastern Washington.
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