Arizona

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.

A bus line in Flagstaff received $17.3 million in grants to relocate its connection center and buy zero emission buses.

The action brings the state's issuer rating to Aa1, as well as upgrades to $1.5 billion in debt that is linked to the issuer rating.

Improved revenue growth prospects and strengthened financial resilience are the primary contributors to the outlook revision, the rating agency said.

Tuesday's results were led by the city of Scottsdale, which won voter authorization for $319 million of bonds.

The deal is made up of $741 million in general airport revenue bonds and $313 million backed by customer facilities charges on car rentals.

At least 48 school districts across the state are seeking bonds or budget limit override measures, including 26 in Maricopa County, home to Phoenix and its suburbs.

Arizona's Salt River Project will sell $436 million of new money power revenue bonds.

After years of legal challenges, a tax supporting bonds for the Arizona Sports and Tourism Authority has cleared its last hurdle.

One of the nation's top P3 partners sees more opportunity in states where it has existing relationships with transportation agencies.

After less than a year, the groundbreaking renewable-energy bond sale has run into problems, including several technical defaults.