California

The audit reported "significant evidence" of malfeasance at the Sweetwater Union High School District and cast a skeptical eye on why it chose a bond rater.

Citing market turmoil from the pandemic, a California conduit issuer gave the Virgin Trains USA project a five-month extension to sell $3.25 billion of debt.

The California Institute for Regenerative Medicine, which has been on life support for years, is expected to close if the measure fails.

The governor largely agreed to abandon the steep cuts he proposed in his revised budget,.

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

San Francisco's ratings, economy challenged by coronavirus

Century Housing says it has financed 45,000 affordable housing units, but this marks its first venture into the municipal bond market with a muni CUSIP.

Refinitiv Lipper reported $1.7 billion of municipal bond fund inflows. while municipal prices were little changed Thursday.

California legislators met the letter of the law in passing the budget by Monday's deadline, but the state is a long way from a final spending plan.

The recently elected board president of the Western Valley Water District in Rialto says significant improvements are underway.