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 transportation commission took action to end a comprehensive development agreement for a partially bond-financed toll lane project on State Highway 288.
By Karen PierogApril 9 -
S&P Global Ratings revised its outlook on the university's debt to negative a month after Moody's Ratings took similar action as the school faces financial difficulties and management changes.
By Karen PierogApril 4 -
The city is offering $567.6 million of debt in competitive sales Thursday as rating agencies keep a close eye on pension funding progress.
By Karen PierogApril 2 -
Austin Transit Partnership's ability under Texas law to seek expedited court validation for bonds to finance light rail is the subject of an April 25 hearing.
By Karen PierogApril 2 -
A bond-financed purchase of the Stanley Hotel in Estes Park, Colorado, which served as an inspiration for Stephen King's The Shining, is being pursued by the Colorado Educational and Cultural Facilities Authority.
By Karen PierogMarch 28 -
Under the proposed deal, the city would sell $650 million of judgment bonds to fund back pay for firefighters, whose wages would increase by up to 34% over the life of a new five-year contract.
By Karen PierogMarch 26 -
IDEA Public Schools maintained its A-minus rating with a negative outlook after a settlement was reached putting the charter school system under increased state oversight.
By Karen PierogMarch 26 -
Gov. Spencer Cox wrapped up action on hundreds of bills passed by lawmakers, including measures to boost or limit bond issuance and potentially put some outstanding debt at risk.
By Karen PierogMarch 26 -
The Intermountain Power Agency has warned that the measure, which is aimed at preserving the state's largest coal-fired power plant, poses risks to its bond-financed transition to cleaner fuels.
By Karen PierogMarch 21 -
Funding for a $2.55 billion expansion and renovation of George Bush Intercontinental Airport's Terminal B had been held up for months by the city's former and current controller.
By Karen PierogMarch 21