Karen is a senior reporter covering the Southwest. She has covered the municipal bond market for more than 30 years at The Bond Buyer and Reuters. Prior to that she wrote about futures and options markets for magazines and was an award-winning reporter for a suburban Chicago newspaper chain.
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Public schools account for most of the $28.48 billion of bonds on Texas ballots Nov. 7.
By Karen PierogOctober 30 -
The Grand River Dam Authority, the state's largest public power utility, is expected to start issuing the debt later this year.
By Karen PierogOctober 27 -
Gov. Gretchen Whitmer chose Jen Flood, her deputy chief of staff, to replace Chris Harkins who is leaving state government later this year.
By Karen PierogOctober 26 -
A $25.5 million cash offer plus some equity was made to acquire Legacy Park, which was financed with $284 million of now-defaulted revenue bonds.
By Karen PierogOctober 25 -
Record-breaking hot temperatures in the Southwest this summer likely had economic consequences and could focus the municipal bond market on heat-related credit risks and infrastructure needs.
By Karen PierogOctober 23 -
The state's strong reserves contributed to brighter rating outlooks from Moody's Investors Service and, earlier this year, S&P Global Ratings.
By Karen PierogOctober 19 -
The rating agency raised the city's general obligation and sales tax securitization bond ratings a notch to BBB-plus and AA-plus respectively.
By Karen PierogOctober 19 -
The $500 million of revenue bonds to initially finance a $5 billion controversial expansion program were priced amid a turbulent market.
By Karen PierogOctober 18 -
The city plans to sell as much as $295 million of general obligation and revenue bonds in two deals next month.
By Karen PierogOctober 18 -
The state reported a $7.07 billion budget balance and $1.8 billion in its rainy day fund.
By Karen PierogOctober 16