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Keeley Webster

Senior reporter
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  • A PG&E Corp. first responder prepares to leave after inspecting electrical lines in Calistoga, California, U.S., on Thursday, Oct. 24, 2019 amid deliberate blackouts the utility designed to keep power lines from igniting wildfires.
    Utilities
    California fires and outages bring more PG&E scrutiny

    Politicians are reacting to public frustration about wildfires and planned electricity outages.

    By Keeley Webster
    October 29
  • Rendering of the Xpresswest train that would run from the California desert to Las Vegas. The company was acquired by Brightline in 2018.
    Transportation industry
    Virgin Trains USA's Las Vegas project gets a conduit issuer

    The California Infrastructure and Economic Development Bank agreed to issue $3.25 billion for the proposed line linking Vegas and Victorville, California.

    By Keeley Webster
    October 25
  • Bill Johnson, chief executive officer of Pacific Gas and Electric Corp., speaks during a news conference at PG&E headquarters in San Francisco, California, U.S., on Wednesday, Oct. 23, 2019.
    Bankruptcy
    PG&E's credibility problems drive breakup plans

    One plan would convert the investor-owned utility into a customer-owned cooperative, while local governments and agencies look at municipalizing PG&E assets.

    By Keeley Webster
    October 24
  • A firefighter searches a burned-out building in Paradise, California, U.S., on Thursday, Nov. 15, 2018.
    Not-for-profit healthcare
    Adventist Health will make a billion-dollar mark on the bond market

    Most of the proceeds will refinance direct placement debt with bonds sold in the public markets.

    By Keeley Webster
    October 22
  • moorlach-john-california
    Municipal disclosure
    XBRL study bill dies at hands of California governor

    Gavin Newsom vetoed legislation that would have created a commission to study adopting a machine-readable format for the state's financial documents.

    By Keeley Webster
    October 18
  • california ratings chart
    Sell side
    California taxable GOs had a strong draw for bidders

    California's largest-ever competitive taxable deal, which followed two upgrades, drew 10 or more bidders for each tranche.

    By Keeley Webster
    October 17
  • Governor Gavin Newsom used his State of the State address to focus on homelessness in the state.
    Bond ratings
    California gets its second upgrade in two months

    Moody's lifted California to Aa2 ahead of plans to sell $1.1 billion of general obligation bonds.

    By Keeley Webster
    October 15
  • California Gov. Gavin Newsom speaks at the signing ceremony for Assembly Bill 48, to place a $15 billion bond measure on the March 2020 ballot, on Oct. 7, 2019 at a school in Sacramento. Co-Sponsor Assemblyman Patrick O'Donnell, D-Sacramento looks in (in tie.)
    School bonds
    Californians will weigh a $15 billion education bond measure in March

    The general obligation bond measure would allocate $9 billion to K-12 schools and $6 billion to the state's universities and community colleges.

    By Keeley Webster
    October 10
  • fiona-ma-california-treasurer-candidate
    Sell side
    California treasurer reports benefits from tightening spreads

    The strength of the state’s credit profile, coupled with a supply-demand imbalance for tax-exempt bonds, has helped the state in the market, a new report says.

    By Keeley Webster
    October 4
  • California Gov. Gavin Newsom talks emergency preparedness on his first day in office, Jan. 8, 2019
    Natural disasters
    California governor signs 22 wildfire-related bills

    Bankrupt investor-owned utility PG&E was a factor in many of the bills approved to deal with the state's wildfire risk.

    By Keeley Webster
    October 3
  • ige-david-governor-hawaii
    Public-private partnership
    Hawaii advances bond-financed college football stadium

    Hawaii moves ahead on plans to construct a new college football stadium amid concerns about declining attendance at college games.

    By Keeley Webster
    October 1
  • U.S. Department of Transportation Secretary Elaine Chao
    Infrastructure
    U.S. airports awarded $986 million in federal grants

    It marked the fifth dispersal from a Federal Aviation Administration program that will provide $3.18 billion for airport improvements.

    By Keeley Webster
    September 27
  • A rendering of the proposed Sacramento Republic soccer stadium.
    California
    Public finance split among cities building pro soccer stadiums

    The soccer league's drive for expansion pushed cities and owners to develop new stadiums to sweeten their bids.

    By Keeley Webster
    September 26
  • California Treasurer Fiona Ma during an interview in San Francisco, California, U.S., on Tuesday, Dec. 18, 2018. She will be sworn in as state treasurer on Jan. 7, 2019.
    Green bonds
    California treasurer puts a call out for creative finance ideas

    Fiona Ma was a keynote speaker at the Bond Buyer's California Public Finance Conference in San Francisco.

    By Keeley Webster
    September 24
  • valencia-angelica-nixon peabody
    Profile
    Angelica Valencia

    Partner, Nixon Peabody

    By Keeley Webster
    September 23
  • bauer-marc-orrick
    Profile
    Marc Bauer

    Partner, Orrick, Herrington & Sutcliffe

    By Keeley Webster
    September 23
  • Rendering of SEED LA, a public boarding charter school, managed by The SEED Foundation and slated to open in Los Angeles for the 2020-2021 school year.
    Transportation industry
    Los Angeles transit agency, SEED Foundation to build charter school

    The charter boarding school is designed to lift homeless youth and foster children in largely Latino and African-American neighborhoods in South Los Angeles.

    By Keeley Webster
    September 19
  • Rendering of the Xpresswest train that would run from the California desert to Las Vegas. The company was acquired by Brightline in 2018.
    Transportation industry
    Las Vegas train lands $300 million California PAB authorization

    The private activity bonds would be used to help finance the planned Virgin Trains USA line to Victorville, Calif., from Las Vegas.

    By Keeley Webster
    September 18
  • San Diego Mayor Kevin Faulconer
    Utilities
    San Diego votes for community choice aggregation for electric power

    The city approved a joint powers agreement with four other cities to purchase electricity to be delivered over San Diego Gas & Electric lines.

    By Keeley Webster
    September 18
  • Napolitano-Janet-UC President-Bloomberg
    Higher education bonds
    University of California president will depart

    Janet Napolitano said her resignation would be effective in August 2020.

    By Keeley Webster
    September 18
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