California

A review after the Puerto Rico special revenues court ruling led Kroll Bond Rating Agency to upgrade the Los Angeles Unified School District's GO bonds.

The airport will sell $1.2 billion of revenue bonds as it proceeds with more than $7 billion of capital improvements.

Moody's deemed the ruling a credit positive, because it provides more flexibility to raise taxes.

The state auditor raised questions about how the state controller reported California's OPEB liability in the report, which took 11 months to release.

A new state law established the wildfire fund to provide a financial buffer for claims against utilities.

The company behind the nation’s first privately owned intercity passenger railway in more than a century is seeking approval from California and Nevada to raise as much as $3.6 billion in tax-exempt bonds for a high-speed train linking southern California to Las Vegas.

The San Diego Association of Governments deal, backed by a federal capital grant, is structured to allay investor concerns about funding delays.

Moody’s has acquired a majority stake in Four Twenty Seven, a provider of data and analysis on climate risks.

From BART trains packed to capacity during the commute to freeways that jam well before dawn, the strain on the Bay Area's transportation backbone is intensifying.

CommonSpirit Health will sell $2.7 billion of taxable bonds and $3.1 billion of tax-exempt debt, with BBB-plus ratings, into a supply-starved market.

Registered advisory firm Dale Scott & Co. will pay $25,000, and one firm and one individual each will pay $10,000 for acting as unregistered solicitors.

Marybel Batjer will head the Public Utilities Commission as investor-owned utilities struggle with wildfire liabilities.

The firm opened its fifth California office by hiringbanker José Vera in Pasadena.

Gov. Gavin Newsom signed the bill to establish the wildfire fund, to be seeded with new bonds backed by an old utility ratepayer surcharge.

RBC Capital Markets added Ian Parker as it positions itself to help issuers bring to market billions of dollars in authorized affordable housing debt.

A simple majority was enough to pass the two tax measures, a San Francisco Superior Court judge ruled.

The massive deal planned for August will bring debt from the former Dignity Health and Catholic Health Initiatives into a single credit group.

As Stephen Heaney retires from Stifel Financial, Betsy Kiehn is stepping up to a new capital markets position at the firm.

Submissions are now open for the Bond Buyer’s fourth class of Rising Stars, an honor which showcases the brightest young minds in the municipal bond industry.

Moody's downgrade to Aa3 affects $10.2 billion in outstanding debt.