California

Sophisticated issuers and investors shared insights into how they navigate the complexities of the municipal bond market at The Bond Buyer Infrastructure event.

Andrew Nakahata officially takes the helm of the California Infrastructure and Economic Development Bank on Wednesday.

It affirmed the California city's Aaa issuer rating, but cited the drag on revenues from tepid tourism numbers and liabilities from child sexual abuse claims.

If Gov. Gavin Newsom signs the two bills, it would be credit positive for San Francisco area transit, Moody's Ratings analysts said.

A bill to provide state credit support for housing finance and another to create an infrastructure bank were placed in the legislature's suspense file.

Troy Pitman has been hired by Wilmington Trust to further western expansion in the public finance segment of its corporate trust business.

The city faces hundreds of child sex abuse claims stemming from a former after-school program volunteer. A recent state law opened the window for old claims.

Andrew Nakahata will replace Scott Wu as executive director and CEO less than a year after joining the organization.

Lawmakers passed California Gov. Gavin Newsom's expansive energy package, including a bill to extend the state's cap-and-invest program.

California's governor and legislative leaders agreed to extend the state's cap-and-trade program and dedicate one-fourth of the funding to high-speed rail.

The appelate ruling in favor of the San Juan Unified School District helps clarify what districts can finance under the state laws governing bond elections.

California lawmakers, who announced a deal with Gov. Gavin Newsom in June, say his administration failed to agree on loan terms ahead this week's deadline.

BondLink's client issuers reached over $500 billion in bond sales while working with the municipal bond platform.

The state authority building the passenger rail project says it has a clear path to "achieving commercial success at the earliest stage."

San Francisco Bay Area Rapid Transit has struggled to regain ridership after the pandemic.

The city council advanced a community facilities district to issue up to $550 million of tax-exempt bonds to redevelop the area around the Beverly Hilton.

The ultimately unrealized threat to the municipal bond tax-exemption and infrastructure needs were among the drivers of bond sales.

The 10-campus public university system apparently scrapped plans to price $1.5 billion in debt this week.

It's the latest attack on one of the nation's largest infrastructure projects that has long been the focus of Republican ire.

California Sen. Dave Cortese proposed the bill as the state grapples with a shortage of affordable housing.