Hawaii

With coronavirus decimating the state's dominant industry of tourism, Moody's dropped Hawaii's rating outlook to negative.

Tourism represents 17% of Hawaii's economy.

Fitch Ratings raised Hawaii to AA-plus from AA.

Hawaii moves ahead on plans to construct a new college football stadium amid concerns about declining attendance at college games.

Issuers in the nine-state Far West region sold $34.6 billion of municipal bonds in 2019's first six months.

Southwest Airlines' decision to enter the Hawaii market helped spur a positive outlook from Moody's.

Lawmakers are weighing legislation that would authorize $100 million of special purpose revenue bonds to build and operate the plant.

Attention in the municipal bond market turns westward as some of the week's biggest deals will be coming from Hawaii, Washington state and the Los Angeles County Metropolitan Transportation Authority. Buyers will see the biggest issuance week of the year as $7.2 billion of deals will hit the screens.

The Hawaii finance team doesn’t expect the market’s volatility to hamper buyer interest.

Honolulu plans to price $250 million in GOs for the 20-mile-long elevated rail project.