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 school district's AA-plus rating is supported by strong reserves and Houston's economic strength, S&P Global Ratings analysts said.
By Karen PierogMarch 17 -
The Texas Education Agency, which initially sought the takeover in 2019, will appoint managers to run the state's largest public school system.
By Karen PierogMarch 16 -
OTA has come under increased scrutiny as it embarks on a $5 billion, bond-financed project that has been challenged in court.
By Karen PierogMarch 16 -
The Uinta Basin railway is asking the DOT to authorize up to $2 billion of PABs for the project, which would move oil to market from northeast Utah.
By Karen PierogMarch 13 -
A $3.52 billion Texas Natural Gas Securitization Finance Corp. deal includes a make-whole redemption over three years to call bonds if the state appropriates funds to pay them off.
By Karen PierogMarch 10 -
Opponents warned the measures could roll back 10 years of state efforts to improve funding for the Kansas Public Employees Retirement System.
By Karen PierogMarch 9 -
Revenue bonds sold in 2018 for the project would be paid over seven years at lower rates under the Chapter 11 exit plan for the Bridgemoor at Plano debt.
By Karen PierogMarch 7 -
The much-delayed $3.5 billion deal has an optional limited make-whole redemption if state lawmakers appropriate funds to defray costs for natural gas customers.
By Karen PierogMarch 6 -
The measure prohibits government contracts with companies deemed to be "boycotting" the fossil fuel, firearm, timber, mining, and agriculture industries.
By Karen PierogMarch 3 -
The rating agency said it could upgrade the state's ratings over a two-year period if recent healthy fund balances are maintained.
By Karen PierogFebruary 28