California

San Francisco International Airport will issue $291 million in refunding bonds amid belt-tightening efforts driven by a massive drop in passengers.

Fitch Ratings cut Pioneers Memorial Healthcare District in Imperial County to BB from BBB-minus.

UMB plans to focus on higher education with its initial thrust into advisory services.

VRDO reset rates in California consistently were too high to be justified, a new filing contends.

Due to coronavirus and the resulting lockdowns and office closures, ridership on the commuter rail line linking San Francisco and San Jose is down about 95%.

The Los Angeles lawyer founded her own firm and ran it for two decades before Polsinelli acquired it in 2011 to enter California. She retires in October.

They are pushing the U.S. Senate for up to $36 billion, citing the devastating effects from COVID-19.

The authority realized $67 million in savings on its refunding.

Several California cities are cutting police budgets, and shifting non-violent 911 calls to mental health workers.

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.

Renewable energy — already supplanting coal on the basis of economics — could become the major power source 15 years earlier than expected, researchers said.