Arizona

Maricopa County, Ariz.'s plan to sell bond-financed Chase Field appears dead after the real estate company that had expressed interest in the deal said it is no longer interested.

Arizona's Salt River Project is gearing up for a $720 million refunding deal next week.

An alignment of Catholic Health Initiatives with Dignity Health to create one of the nation’s largest nonprofit health-care providers would be a positive credit factor for the two organizations, according to Moody’s Investors Service.

S&P Global Ratings downgraded to junk $172 million of bonds for two private immigration detention centers after two federal agencies announced initiatives to end or reduce use of such facilities.

The Maricopa County, Ariz. Board of Supervisors has voted to explore the sale of Chase Field after a disagreement with the Arizona Diamondbacks baseball team over repairs to the 18-year-old venue.

Maricopa County, Ariz., told the Arizona Diamondbacks baseball team it won't pay $65 million for repairs to the bond-funded Chase Field in downtown Phoenix, sparking a war of words between the team and the county government.

Using new criteria, Standard & Poor’s Global Ratings warned that eight federal prisons operated privately for profit could see downgrades or upgrades.

A ballot measure injecting $3.5 billion into Arizona's K-12 education passed by a razor thin margin for a result that S&P Global Ratings said could be a short-term positive for state and school district credits, with a much less certain long-term impact.

The Arizona legislature worked into early Wednesday morning to finish a controversial $9.6 billion budget package.

The University of Arizona is looking for interest rate savings in a $169.6 million refunding of three series of bonds issued from 2007 to 2009.

Arizona Gov. Doug Ducey has signed bipartisan pension overhaul legislation, though part of the plan must be approved by voters later this year.

Moody's Investors Service has upgraded Glendale, Ariz.'s rating to A2 from A3, citing improvements in the city's "modest" financial position.

Arizona State University’s "strong culture of innovation" should translate into improved credit quality over time, Moody's Investors Service said in a new report.

The Navajo Nation closed its first-ever bond transaction this week when it sold $52.9 million of investment-grade general obligation bonds in a private placement.

The Internal Revenue Service has sent a final notice to the City of Scottsdale, Ariz., Municipal Property Corp. claiming that some of the $65 million of bonds issued in 2013 to refinance the initial term of a lease for a garage are taxable.

Pima County, Ariz., voters delivered a harsh verdict Nov. 3, rejecting all seven bond propositions by decisive margins.

Standard & Poor's has withdrawn its D rating on a Glendale, Ariz., plant designed to convert trash into energy after the project defaulted on its October bond payment.

Phoenix Plans to Issue $117.9 million of revenue bonds for Sky Harbor Airport, whose traffic appears to be growing after dominant carrier U.S. Airways merged with American Airlines.

A Glendale, Ariz., trash recycling project has fallen to a D rating by Standard & Poor’s after missing its interest payments.

Arizona will have about a third of the money it needs to maintain roads and bridges over the next 25 years, according to the state auditor.