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 high court validated about $800 million of ratepayer-backed bonds to finance the recovery of fuel costs incurred by Oklahoma Gas and Electric Company (OG&E) during the February 2021 storm.
By Karen PierogMay 5 -
The Oklahoma Turnpike Authority received state approval on Wednesday for a $200 million revolving line of credit to jumpstart its $5 billion expansion program, but will not be able to spend a portion of the money unless a lawsuit is resolved in its favor.
By Karen PierogMay 4 -
Opposition to the Oklahoma Turnpike Authority’s $5 billion, bond-financed improvement and expansion project is heating up with a lawsuit seeking to block it filed ahead of a meeting to consider initial financing.
By Karen PierogMay 3 -
Texas ballots are bursting with $18.5 billion of bonds Saturday as cities and school districts ask voters to approve 207 bond measures.
By Karen PierogMay 2 -
Several firms' ability to underwrite municipal bond issues in Texas is under review.
By Karen PierogApril 28 -
Oklahoma is poised to follow in the footsteps of Texas by barring banks from municipal bond deals if deemed to be against firearms and fossil fuel industries.
By Karen PierogApril 27 -
Crews & Associates, a top underwriter in Arkansas, eyes move into addirional states.
By Karen PierogApril 26 -
After a four-year absence, Utah’s Intermountain Power Agency returns to the municipal market with nearly $552 million of power supply revenue bonds.
By Karen PierogApril 25 -
Utah’s top elected officials demanded that S&P Global Ratings cease applying ESG factors to the state through the use of what they called a politicized rating system based on indeterminate factors.
By Karen PierogApril 22 -
Phoenix’s ratings were affirmed and its general obligation bond outlook was raised to stable from negative by Moody's.
By Karen PierogApril 20