California

Sacramento Municipal Utility District officials credit the Kestrel green verification for attracting a new buyer to its commercial paper.

Downtown College Prep, a charter school operator in San Jose, defaulted on $34 million of municipal bonds, citing the area's dwindling number of children.

Even before January's fires in Los Angeles, change-of-address data shows residential moves based on fire risks and insurance availability.

The California High Speed Rail Authority said state funds and a potential public-private partnership would be able to cover the initial Central Valley segment.

The tribal movement toward energy independence through renewable-powered microgrid projects has been slowed, if not stalled, by shifting political winds.

The upshot of the report by Payden & Rygel's Travis McGahey is that the risk of severe credit deterioration and bond defaults remains low.

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.

The twin Transportation Corridor Agencies issuers in Orange County, California, received Fitch Ratings upgrades for fiscal prudence and bond buydowns.

Chinese students comprise nearly half of international students attending University of California schools.

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.