Richard Williamson

Texas A&M University System purchased the privatized housing at three campuses through a taxable revenue bond deal.

It was the second month in the last 12 to show a year-over-year increase.

With its growth only slightly hindered by the pandemic, the University of Texas System aims for savings with refunding deal.

The decline in the first quarter shows the continuing impact of pandemic, exacerbated by the February winter storm that cut power to much of Texas.

With some light at the end of the pandemic tunnel, the University of Arkansas for Medical Sciences fund growth with $139 million of revenue bonds.

The Dallas Area Rapid Transit Authority will seek a federal grant for the light rail tunnel with the support of the City Council.

CPS Energy will issue $367 million of bonds to retire commercial paper, after absorbing a pair of downgrades following the Texas power distribution crisis.

Denver is selling $274 million of dedicated tax bonds in a deal to fund projects at the National Western Stock Show complex and Colorado Convention Center.

S&P Global Ratings cut CPS Energy to AA-minus from AA, as it faces $1 billion in unbudgeted costs for buying expensive power through the state grid operator.

The Electric Reliability Council of Texas and CPS Energy, the public utility of the city of San Antonio, were downgraded after the cold weather power crisis.

With federal stimulus payments flowing through the economy, Oklahoma's revenues were encouraging in February.

Brazos Electric Power Cooperative filed for bankruptcy saying it can't pay the electric bills foisted on it by the state's grid operator, ERCOT.

Municipal issuers in the Southwest sold $93.5 billion of debt in 2020, a year in which the coronavirus upended the way bond business is done.

Texas' failure to supply the power needed to save lives in a deep freeze is seen as threat to the state's recruitment of new business investment.

The deep freeze, and Texas power market structure, left the state's public utilities with sky-high wholesale power bills and a trail of burst water pipes.

The firm's leaders say Hilltop Securities sees growth opportunity in municipal bond underwriting, while financial advisory services will "grow selectively."

The taxable refunding will lower debt service obligations for the airport car rental facility, hit hard by the coronavirus pandemic, through fiscal 2025.

This year's pension debt volume could match that of 2020, which was the highest since the financial crisis year of 2008, industry leaders say.

With interest rates at historic lows and stock market returns at record highs, Tucson sees a ripe opportunity to issue pension debt.

Steven Kantor, a regional managing director based in New York, was among those cut, sources said.