Southwest

Harmony Public Schools, the largest charter school operator in Texas, will refund $104 million of triple-B bonds to secure the state's triple-A guarantee, a provision that just became available this year.

Dallas Independent School District expects about $15 million in net present value savings from $317.8 million of refunding bonds expected to price July 1.

An Arizona judge has struck down a state car-rental tax that supports $1.2 billion of debt issued for professionals sports stadiums in the state.

Moody's Investors Service has downgraded Beaumont, Texas' water and sewer debt to A1 from Aa3, citing the city's diminishing reserves and aging infrastructure.

Dallas City Council has approved $46.5 million in tax increment financing for redevelopment of the vacant Statler Hilton hotel that once hosted the city's elite visitors.

Oklahoma achieved its savings target with a $55.5 million refunding of revenue bonds, officials said.

The West Independent School District is suing its insurance provider, claiming that the company is refusing to cover the full cost of damage from a 2013 fertilizer plant explosion that killed 15 people.

The concession company that operates a portion of Texas' State Highway 130 toll road is negotiating with lenders as it faces default on its June 30 payments, according to Moody's Investors Service.

With the voters behind them, Texas school districts are marching to the municipal bond market to raise billions of dollars for schools needed to accommodate growth.

Moody's Investors Service has affirmed the A1 rating on Denver Airport Enterprise's $3.72 billion of revenue bonds and raised the outlook to stable from negative.