Texas

Public pensions that relied on equity growth to ease unfunded liabilities could face a harsher reality, experts told The Bond Buyer's Texas Public Finance Conference.

Moody's calls the missed payments an administrative default given the district's willingness and ability to pay.

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.

A nonprofit corporation will use the taxable and tax-exempt bonds to buy or refinance 28 skilled nursing facilities in Oklahoma and Texas.

Amarillo city officials are asking voters to go to the polls in May to decide the fate of a $275 million bond issue to help fund a proposed $319 million Civic Center expansion and renovation project.

After a record year of sales tax revenue, Texas continued to grow collections in the first month of 2020.

After two recounts produced different results, the Midland Independent School District's $569 million measure bond fell 26 votes short.

The proceeds of the bonds were used for the construction of a 232,100 square foot residential facility with 108 living units located on the main campus of an existing facility in Dallas known as The Overlook.

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.

The last-ditch attempt to settle Preston Hollow Capital's lawsuit against Nuveen failed this week.