Southwest

President Trump’s broadsides against Mexican immigrants and trade have not triggered rating agency action on border credits, which, in several cases, have seen upgrades.

Gainesville Hospital District in North Texas is reorganizing under Chapter 9 bankruptcy with $19.7 million of general obligation bonds insured by Ambac.

Most of the oil states have gone into recession, S&P Global Ratings said in a new report.

Texas Legislature is beginning the unpopular task of cutting spending for some programs amid weaker revenues.

Local government issuers increasingly relied on certificates of obligation in the past decade, bypassing voter approval to raise capital more quickly, according to Texas Comptroller Glenn Hegar.

The San Antonio City Council will ask voters to approve $850 million of bonds, the largest package in the city’s history, for projects that include redevelopment of Hemisfair Park.

With $9 billion of transportation projects awaiting funding, Colorado Gov. John Hickenlooper is joining legislative leaders in supporting a $3.5 billion bond program for shovel-ready projects.

Citing improving market conditions, the University of Houston plans to increase its offering in a competitive sale by $40 million to more than $400 million.

In its first deal of the year, the Texas Transportation Commission sees another opportunity to achieve savings with $800 million of refunding bonds.

Endowed with record funding levels, the Texas Department of Transportation expects to gain momentum on $70 billion of transportation projects planned over the next decade.