Capital markets

Mayor Jorge Elorza’s $850 million POB proposal sits stalled in the state legislature while state General Treasurer Seth Magaziner called the legislation too risky.

Lawmakers could not enact the bill on the final day of the regular session, when House Republicans threatened a filibuster.

With the mayor's race riveted on public safety, candidates discussed the city’s finances in a televised debate.

The rating agency elevated its outlook to stable on the state’s general obligation bonds and various state-entity revenue bonds.

Natalie Brown replaces Dominick Mondi, who retired earlier this year.

Kestrel Verifiers has certified as green a tranche of bonds that will finance the ethanol plant in California's economically challenged Imperial Valley.

S&P Global Ratings has fewer universities and colleges with negative outlooks since the beginning of the year.

A Moody's downgrade on San Antonio's convention hotel bonds came with the lowering of the outlook to negative on the city's Aaa issuer rating.

The agency is refunding $104.5 million of Federal Transit Administration section 5307 bonds and $23 million of FTA section 5337 bonds.

The state's momentum with rating agencies continued when Fitch elevated its special tax obligation bonds to AA-minus.

While Jacques Jiha cited improved outlooks to stable from Moody's and S&P, skeptics warned of inadequate use of federal aid and lingering outyear budget gaps.

Illinois public universities reap rewards of federal aid and state rating stabilization.

BondLink and ICE said the deal will provide issuers with direct access to real-time market data as they come to market and throughout the lifecycle of a bond.

Colorado lawmakers are working on a $5 billion funding proposal for transportation; this week's $500 million debt issue targets immediate needs.

Three upgrades in two days and four in six weeks mark the state's first bond-rating upgrades in 20 years.

Fitch Ratings, S&P Global Ratings and Kroll Bond Rating Agency all upgraded the Constitution State ahead of a $1 billion taxable and tax-exempt transaction set for Wednesday.

Proposed remedies were as varied as the candidates themselves as eight leading Democratic candidates jousted in a live televised debate.

The outlook shift to stable from negative is a badly needed shot in the arm from the capital markets as the city prepares to come out of the COVID-19 pandemic.

While the race has drawn few headlines compared with the battle for mayor, a dozen hopefuls are running for the office.

The state's revised contract with Foxconn on tax subsidies reflects the dramatic downsizing of the original project unveiled in 2017.