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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Projected available capacity for the Permanent School Fund's bond guarantee program fell to $653 million at the end of October from $3.52 billion the previous month.
By Karen PierogDecember 2 -
The ruling marks the first major defeat for OTA in lawsuits seeking to derail its plan for a $5 billion, bond-financed extension project.
By Karen PierogDecember 2 -
The team has pledged to launch a petition drive to place the project on the May 16 city ballot.
By Karen PierogNovember 30 -
The developer is seeking as much as $230 million of bonds issued by a community facilities district to pay for cleaning up a landfill and improving infrastructure for the $2.1 billion multi-use project.
By Karen PierogNovember 28 -
Leading Life Senior Living in 2020 defaulted on $30.275 million of bonds it sold in 2017 through the Oklahoma Development Finance Authority to purchase two memory care facilities.
By Karen PierogNovember 23 -
The rating agency raised the system's subordinate-lien general airport revenue bond rating to A-plus from A with a stable outlook amid increased enplanements.
By Karen PierogNovember 23 -
A full review of the deal pushes its consideration by the Texas Bond Review Board into January.
By Karen PierogNovember 21 -
Property owners in the path of a $5 billion highway extension and the Oklahoma Turnpike Authority are fighting over whether state statutes allow for the issuance of bonds for the project.
By Karen PierogNovember 21 -
The deal has until the end of Friday to clear the Texas Bond Review Board, whose members had no questions about the transaction when it was presented at a Thursday meeting.
By Karen PierogNovember 17 -
With federal funding accounting for the largest portion of its revenue, Utah is mulling safeguards in the event of a future decrease.
By Karen PierogNovember 16