Revenue bonds

City and state will issue municipal bonds for the domed stadium while lowering taxpayer liabilities.

The Oklahoma Turnpike Authority took action on Thursday to head to the state Supreme Court to validate $5 billion of planned bond issuance.

The recent Texas law led the Texas Department of Housing and Community Affairs to drop three underwriters from a recent deal late in the process.

The Oklahoma Turnpike Authority received state approval on Wednesday for a $200 million revolving line of credit to jumpstart its $5 billion expansion program, but will not be able to spend a portion of the money unless a lawsuit is resolved in its favor.

Opposition to the Oklahoma Turnpike Authority’s $5 billion, bond-financed improvement and expansion project is heating up with a lawsuit seeking to block it filed ahead of a meeting to consider initial financing. 

After a four-year absence, Utah’s Intermountain Power Agency returns to the municipal market with nearly $552 million of power supply revenue bonds.

Moody's deemed the temporary gas tax holidays implemented in several states credit negative.

Oregon Treasurer Tobias Read called off a lottery bond sale planned in 2020 after lottery revenues cratered because of pandemic-related business closures.

Idaho will bring its inaugural issuance tapping a new transportation funding stream supported by sales taxes.

The Turnpike Authority is gearing up bond financing for a $5 billion capital plan, and will pick a team of underwriters and others later this year.

Cancellations due to fears of omicron are putting a damper on cruise bookings, says Fitch's Emma Griffith, who adds there is still a lot of pent-up demand.

Dallas Area Rapid Transit is enjoying a lift in tax revenues amid a drop in ridership during the pandemic.

For the first time in six years, Texas colleges and universities are awarded tuition revenue bonds backed by the state.

Developers of a $240 million hotel at the U.S. Air Force Academy Visitors Center in Colorado Springs are appealing to investors with an appetite for risk.

Texas utilities face prolonged risk to their credit from weakness in the state's main electric grid, analysts warn.

Illinois trimmed yield penalties in its latest sales tax-backed sale with spreads of 40 and 45 basis points on its 10-year compared to 89 bp three years ago.

Convention centers and hotels suffered another steep drop in business revenue in 2021, a survey shows.

Fitch Ratings also maintained a negative outlook on BART.

The city sees room for a new convention hotel, despite nearby competition and pandemic-related setbacks.

Out-year deficit borrowing looms after massive federal aid runs out, Chief Financial Officer Robert Foran tells the board.