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.
-
While acknowledging disputed allegations of mismanagement and infractions on the part of venue owner Legacy Cares, the judge denied a motion by the U.S. trustee in the Chapter 11 bankruptcy to appoint an independent trustee or dismiss the case.
By Karen PierogAugust 10 -
Mercy Hospital plans to sell facilities and other assets to the University of Iowa, which approved $20 million for the acquisition.
By Karen PierogAugust 9 -
"It's very rewarding to look back and say I helped that educational process get done, or I helped this hospital get financed," Hill Feinberg said.
By Karen PierogAugust 9 -
Unlike many in the municipal bond market, Frank Fairman's career has been spent at one firm — Minneapolis-based Piper Sandler — which he joined in 1983 as a nascent investment banker and where he has headed public finance services since 1991.
By Karen PierogAugust 9 -
Extending the tax, which expires at the end of 2025, would raise billions of dollars for transportation projects in the nation's fourth-largest county.
By Karen PierogAugust 7 -
Wells Fargo is the latest investment bank to undergo a Texas Attorney General review of its compliance with a 2021 law.
By Karen PierogAugust 4 -
The turnpike authority will now seek reapproval from the Oklahoma Council of Bond Oversight before it can head to the municipal bond market.
By Karen PierogAugust 2 -
Major bondholder Preston Hollow and the trustee for $86 million of debt sold for Mercy Iowa City in 2011 and 2018 pointed to default events.
By Karen PierogAugust 1 -
The state-created agency has a plan to finally tap hitherto unused proceeds from a 2021 bond issue.
By Karen PierogJuly 31 -
The second largest Texas city could be headed to a trifecta of triple-A ratings after Fitch revised the outlook on the city's AA-plus rating to positive.
By Karen PierogJuly 27