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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The state's Council of Bond Oversight will once again consider $500 million of bonds for a controversial $5 billion Oklahoma Turnpike Authority expansion.
By Karen PierogAugust 30 -
The upgrades mark the second in a year for the tollway authority's ratings, which were raised last August by S&P Global Ratings.
By Karen PierogAugust 29 -
The state is capping transfers of fossil fuel-related revenue to its general fund and will invest money that exceeds the cap through a Severance Tax Permanent Fund.
By Karen PierogAugust 28 -
The Attorney General's office found the firm complies with a 2021 state law banning contracts with companies that "discriminate" against the firearm industry.
By Karen PierogAugust 25 -
The Uinta Basin Railway, which aims to transport crude oil, is eying up to $2 billion in private-activity bond authorization.
By Karen PierogAugust 24 -
The rating agency cited the Illinois county's accumulated reserves, as well as required pension contributions for the move.
By Karen PierogAugust 23 -
The eight-state region accounted for $38.5 billion in muni bond sales in the first half of 2023, with the lion's share coming from Texas.
By Karen PierogAugust 21 -
The state treasurer's revisions, which shrank the list to six financial firms from 13, includes Bank of America, JP Morgan Chase and Wells Fargo.
By Karen PierogAugust 16 -
The rating agency's release ESG credit indicators for states and territories last year was blasted by GOP officials for being politicized, vague, and confusing.
By Karen PierogAugust 14 -
The bonds are part of an $814 million infrastructure funding package that includes an extension of a 0.95% sales tax also approved by voters.
By Karen PierogAugust 10