Arizona

The speculative grade bond sale is part of the financial process of returning the Phoenix-based university to nonprofit status after years as a for-profit.

Municipal bond volume in the Southwest region increased in the first half of 2021 as its seven other states more than made up for a decline in Texas.

With just a few days before the new fiscal year, Arizona lawmakers passed a $12.8 billion budget that largely neutralizes a tax measure voters passed in 2020.

Phoenix's Major League Baseball team has a new state bond authorization in its pocket as it decides whether or not it should keep its 23-year-old stadium.

Arizona and neighboring states are preparing for the first mandatory cuts in water from the Colorado River after 20 years of drought.

The measure expands opportunity for lower-income students and broadens geographical reach of college, backers say.

The chief opponent of the measure is the Arizona Board of Regents that governs the state’s three public universities.

The school's debt load will reach $1 billion and Moody's says it's "uncertain" the college can "sustainably return to stonger operating performance."

Anticipating a flood of funding from President Biden's infrastructure plan, states are positioning for an expansion of broadband to rural and underserved areas.

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.

Among the measures, Arkansas voters voted to make a temporary transportation sales tax permanent and Arizona voters raised income taxes on high earners.

Arizona-based Banner Health adds another hospital to its system as it offers investors $607.6 million of taxable revenue bonds.

The action shows the SEC's focus on the often risky charter school sector.

Most consolidated rent-a-car facility debt is structured with solid debt service reserves, a cushion for investors after the coronavirus halted travel.

Thomas Bruder, Lauren Trialonas and Jennifer Cosper were named principals in the firm’s Public & Infrastructure Finance practice.

Issuers in the region sold $78.2 billion of bonds in 2019, a 24% year-over-year gain driven by growth in Texas and Colorado.

Gov. Doug Ducey's $12.3 billion budget proposal would slightly increase the state's reserves.

A not-for-profit chosen by Bloomington would borrow about $300 million to finance the Mall of America indoor water park through an Arizona conduit.

The Navajo are among several tribal nations pursuing renewable energy projects in a changing generation landscape.