Southwest

DALLAS — Austin Bergstrom International Airport’s Hilton hotel faces a deepening financial hole in the wake of a series of defaults on $49 million of revenue bonds, according to a recent audit.

DALLAS — Austin voters will decide in November on $90 million of general obligation bonds devoted to transportation efforts following unanimous action by the City Council.

DALLAS — Glendale, Ariz., and the National Hockey League are considering new offers for the Phoenix Coyotes after a deal to keep the team playing in the city’s bond-financed arena hit a roadblock, according to reports.

DALLAS — The Austin Independent School District will current refund its outstanding commercial paper notes with proceeds from Tuesday’s negotiated $75.8 million bond sale.

DALLAS — Moody’s Investors Service restored Texas Southern University’s credit to investment grade Tuesday as the historically black school continued its recovery from a financial scandal that threatened its accreditation with the Southern Association of Colleges and Schools.

DALLAS — After years of planning, Colorado’s Regional Transportation District is preparing to issue $404 million of tax-exempt private-activity bonds Wednesday to finance a 23-mile commuter line linking Denver International Airport to a new downtown transit hub at Union Station.

DALLAS — The Port Authority of Houston is issuing $300 million of general obligation debt this week to take out commercial paper for the port’s expansion and refund bonds sold in 2008.

DALLAS — Phoenix is preparing to issue $710 million of revenue bonds next week to ­finance a five-mile automated transit system linking Sky Harbor International Airport’s terminal to the city’s new light-rail line as well as parking and rental car facilities.

DALLAS — Fitch Ratings and Moody’s Investors Service expect to assign their lowest investment-grade rating to $404 million of tax-exempt private-activity bonds for a commuter rail line connecting downtown Denver to Denver International Airport.

DALLAS — A proposal to invest up to $100 million of Texas Permanent School Fund money in charter schools is still alive, even though the Texas Education Agency sidelined the idea in a meeting Thursday.