Colorado

Credit concern is being lost somewhat in pricing munis and traders said they are looking for alternative benchmarks, even turning to corporates and U.S. Treasuries to price the market.

The primary supply for the holiday-shortened week is projected to dip to just over $4 billion, with a mix of tax-exempt and taxable issuance led by Colorado’s $500 million of certificates of participation.

Denver International Airport plans to apply up to $560 million of existing bond funds to accelerate a gate construction project.

State officials say Colorado needs to cut $3.3 billion from the budget for fiscal year 2021 after the largest revenue drop in the state’s history.

Ratings for convention center financings and for hotels build to support the venues are under pressure.

Issuers in the region sold $78.2 billion of bonds in 2019, a 24% year-over-year gain driven by growth in Texas and Colorado.

Georgia, Wisconsin, Texas and other states have master state contracts with insurers that are available to local governments for cybersecurity.

The Colorado-based Tri-State Generating and Transmission Association said it would retire its coal-fired power plants within 10 years.

The first hard evidence of how this is affecting ratings in the public finance sector came from a downgrade two months ago involving Princeton Community Hospital in West Virginia.

Denver International Airport expects to pay up to $210 million in termination costs to exit a public private partnership for renovation of its main concourse.

Proposition CC, which would have repealed the revenue cap built into Colorado's Taxpayer Bill of Rights, promised to help fund three of the state's most notably underfunded buckets: K-12 education, higher education and transportation infrastructure.

The two firms hope the more formal union will pave the way for an expansion of products and services and the speed by which they go to clients.

P3 players are turning to smaller projects and taking on more partners, industry insiders told a Bond Buyer conference.

Proposition CC, which would have allowed the state to retain revenues above a 27-year-old formula, was defeated.

Jared Polis proposed a $34.5 billion budget, including $13.8 billion for the general fund.

Proposition CC would loosen the strings of the 1992 TABOR Amendment by letting the state government retain more money for education and transportation.

Fitch Ratings affirmed Denver International Airport after the collapse of a public-private partnership to remodel the main terminal.

One of the nation's top P3 partners sees more opportunity in states where it has existing relationships with transportation agencies.

Public private partnerships for an airport, a commuter rail service, and student housing have gone sour in the Southwest.

Refundings rebounded in the first half of 2019, but total bond volume across the Southwest fell to a six-year low.