Industries

A federal court has given an outside debtor-in-possession loan "superpriority" over the bondholders' lien.

Management is hiring a municipal advisor to evaluate its financial strategy.

The ratings agency cited weaker than expected financial performance in fiscal 2024 and a slow anticipated recovery in coming years.

The Metropolitan Atlanta Rapid Transit Authority will issue $475 million in green sales tax revenue bonds for capital projects and refunding.

Transportation officials and lawmakers are exploring the road ahead for the Highway Trust Fund, electric vehicle user fees, and the reauthorization of the surface transportation bill as friction over funding mounts.

San Francisco's commercial real estate struggles, Oakland's looming bankruptcy concerns, and the broader economic headwinds facing the Bay Area take center stage in this episode. Chris Thornberg of Beacon Economics and public policy analyst Marc Joffe join senior reporter Keeley Webster to discuss the impact of hybrid work trends, housing shortages, tax policies, and what it will take for these cities to stabilize their financial futures.

S&P Global Ratings revised the outlook on Southern California Edison and its parent company citing the potential depletion of the state's bond wildfire fund.

Plans to sell a bankrupt municipal bond-financed care facility to a private equity firm threaten to upend care for its frail senior residents.

The zero-interest loan fund was announced following a Thursday meeting of CHFFA, the conduit chaired by Ma that will administer the program.

Two public electric utilities in Los Angeles County received negative outlooks from S&P citing costs, liabilities, and litigation stemming from wildfires.

Gloria's pointed comments about the county's responsibility caused a stir in the days since he delivered the speech, which sets the table for budget talks in coming months.

The introduction of new engines in a northern power plant and the opening of a solar farm in the south have reduced the authority's operating costs.

Chicago's Regional Transportation Authority released a plan calling for $1.5 billion in operating funding from state and local sources and more RTA control.

The Los Angeles-area wildfires have sparked a negative rating watch for several credits from Fitch Ratings.

As the Trump administration fills out it cabinet positions, advocates for housing affordability are feeling hopeful but cautious.

Fieldman, Rolapp & Co. has acquired Orem, Utah-based municipal advisor G.L. Hicks, a healthcare finance specialist.

The bonds — $824.8 million tax-exempt and $400 million taxable — follow Orlando Health's major acquisitions of hospitals in Alabama and Florida.

Trading in Los Angeles credits has become more volatile. An L.A. Department of Water and Power deal slated for Wednesday went day-to-day.

The deal will refinance some debt and take out new debt to fund an electronic records transition, renovate spaces and buy equipment.

Multiple carbon capture projects are advancing across the Midwest, but the Trump administration may change the calculus around CCS and net zero goals.