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The utility expects the bonds to have an all-in true interest cost of 4.91%.
June 5
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The bullet train's delays and cost overruns amount to a material project change and event of default under the federal-state agreement, the FRA said.
June 4
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The deal to buy the for-profit University of Phoenix faced opposition from the state attorney general and lawmakers and rating agency questions.
June 4
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The twin Transportation Corridor Agencies issuers in Orange County, California, received Fitch Ratings upgrades for fiscal prudence and bond buydowns.
June 3
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Chinese students comprise nearly half of international students attending University of California schools.
May 30
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UMB hired 13 people from Wilmington Trust, and opened an Orange County office, to expand in municipal and corporate trustee, escrow and paying-agent services.
May 30
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An economic slowdown partially fueled by tariff turmoil has forced West Coast states to lower revenue projections and slash budgets.
May 30
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The bill attacks Gov. Gavin Newsom's executive order requiring state regulations phasing out the sale of new gasoline-powered cars and trucks by 2035.
May 27
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California Gov. Gavin Newsom's proposal to speed plans for a second tunnel for the state's water conveyance system is facing stiff opposition from the Delta Caucus.
May 21
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The macroeconomic boost from U.S.-China's 90-day pause on tariffs is partial and could prove temporary, S&P Global Ratings analysts said.
May 19
