- Arizona
Arizona is looking to reduce interest costs with $168 million of refunding certificates of participation on the heels of recent credit upgrades in an improving economy.
June 25 -
Midwestern University is making private loans to students in partnership with the Glendale Industrial Development Authority and the Illinois Finance Authority, which are coming to market with a total of $30 million of bonds that will fund additional lending.
June 22 -
Glendale Ariz.s decision to cancel a 15-year contract with the Arizona Coyotes professional hockey team is a positive credit factor for the A3-rated city, according to Moodys Investors Service. Standard & Poors sees negative implications in a pending $200 million lawsuit.
June 15 - Arizona
Two years after agreeing to subsidize the National Hockey Leagues Arizona Coyotes in the city-owned Arena, the Glendale, Ariz., City Council has voided the deal that costs the city $15 million per year.
June 11 - Arizona
Tucson, Ariz., gets a downgrade and a negative outlook from Fitch Ratings as it prepares to issue $78 million of debt.
May 22 - Arizona
Arizonas moves toward a structurally balanced budget earn an upgrade from Standard & Poors to AA from AA-minus.
May 20 - Arizona
Salt River Project, one of Arizona's largest public utilities, saved about $90 million or 14% on a $924 million issue that combined $300 million of new money with refunding of outstanding debt, officials said.
May 18 - Arizona
After three years of negotiations, the Los Angeles Department of Water and Power is seeking final approval to sell its 21.2% stake in the coal-fired Navajo Generating Station in Page, Ariz., to the Salt River Project.
May 18 - Arizona
With its economy recovering, Arizona this month paid off the last of $44 million in federal loans for unemployment benefits, officials said.
May 15 - Arizona
Arizona's Salt River Project, one of the most highly rated credits in the public power sector, plans to issue $833 million of revenue bonds, an amount that could grow based on market demand.
May 11