Texas

S&P Global Ratings analysts say bookings that are two to three years out are already being canceled.

After the unprecedented collapse an oil futures contract into negative territory, the leading oil producing states face budget uncertainty.

Sales taxes are a pillar of the Texas state budget, and the usually stable revenue source has taken a hit from the COVID-19 pandemic.

Bexar County Commissioner Justin Rodriguez will join Dallas Mayor Eric Johnson on Locke Lord's Texas public finance team.

With its hotel and car rental tax support in tatters, the Harris County-Houston Sports Authority also received a negative outlook from Moody's.

Amid the market mayhem and work-from-home requirements, Hilltop Securities is adopting new tools to keep clients current on coping strategies.

The court offered a bruising assessment of Nuveen's attempts to choke off Preston Hollow's business, but the investment powerhouse doesn't face any penalties or damages.

Stay-at-home orders and school closures driven by COVID-19 have cut traffic in half or more on many toll roads and bridges.

Michael Bartolotta, who built his career at Hilltop Securities' predecessor firm, returns to its Houston office.

The corporate bond business appears to enjoy greater liquidity than tax-exempts, said Lee Deviney, executive director of the Texas Public Finance Authority.

Bond-financed bridges across the Rio Grande will lose revenue because of the partial closure of the border, as will the Texas economy.

Local issuers in Texas also received authority to postpone bond measure elections that are slated for May.

The Supreme Court is poised to decide the Texas governor's quest to end the federal program that provided millions of Americans access to health insurance.

Cities and states that rely on hotel taxes and tourism-related revenues will lose billions as events and attractions shutter to slow the spread of COVID-19.

After eight oil-producing states recovered from the 2014 oil price collapse, they face another downturn, S&P Global Ratings said.

Less than six years after the last oil price collapse, producing states of the Southwest are facing another sharp drop and the prospect of recession.

With major projects in its future, Dallas Area Rapid Transit is making the most of record low rates in a $260 million bond sale.

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.