Utilities

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

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.

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

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.

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

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 Indiana Municipal Power Agency will issue $268.3 million of power supply system revenue bonds with a mix of new money and refunding debt.

A decline in debt service coverage drove S&P's four-notch downgrade for Salinas, California, sewer revenue debt, which it placed on CreditWatch negative.

The county achieved its many goals through long-running discipline, planning, and intelligent risk taking.

The court affirmed its earlier decision, which means bondholders have a claim on the full $8.5 billion due.