Southwest

DALLAS — The University of Texas System Board of Regents plans to price $520 million of Build America Bonds today, its largest single issue of the taxable debt and second-largest deal overall in at least a decade.

DALLAS — The winning bidder for Denver’s 23-mile rail line from downtown to Denver International Airport says it can bring the project to completion 11 months earlier than expected and $300 million under budget.

DALLAS — A plan to convert the vacant Houston Astrodome into a multipurpose center and hotel could require as much as $900 million of bond debt, according to Harris County officials.

DALLAS — With a growing budget crisis on the horizon, Texas is seeking to lower its finance costs with a $342 million tax-exempt refunding deal next week.

DALLAS — Douglas Benton, vice president and senior credit officer at Moody’s Investors Service in Dallas, is leaving the agency to join Bank of Texas as an analyst in the wealth management division.

DALLAS — With only one bid for the Phoenix Coyotes on the table, the Glendale, Ariz., City Council has 60 days to negotiate a lease with an investor group promising to keep the National Hockey League team in the city’s Jobing.com arena.

DALLAS — Houston and Harris County will be pumping about $1 billion of short- and long-term debt into the market this month as they seek to position themselves for leaner economic times.

DALLAS — Arizona expects to raise $300 million for its general fund today by mortgaging state office buildings, prisons, and other property in its second issue of certificates of participation this year.

DALLAS — Under the latest plan to keep the Chicago Cubs in Arizona, the city of Mesa would raise $84 million to finance a spring training facility without a state bond issue.

DALLAS — Corpus Christi International Airport is in danger of losing its investment-grade rating amid declining enplanements, Standard & Poor’s warned yesterday.