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At least two schools are facing the legal costs of terminating the transactions as well as pursuing alternative financing for almost $500 million in construction projects.
October 24 -
Pessimism reigned during the state of the union panel at The Bond Buyer's California Public Finance conference in San Francisco.
October 19 -
The top five bond financings have an average dollar volume of more than $1.2 billion.
October 17 -
California received a negative outlook from the rating agency in May amid revenue uncertainty. The Public Works Board lease revenue bonds are rated Aa3.
October 17 -
The California governor is this week signing bills to alter the state's mental health policies in a package that includes a $6.3 billion state bond measure.
October 12 -
Municipal yields fell up to three basis points, depending on the scale, but underperform a better UST market.
October 4 -
The Bond Buyer's Keeley Webster talks ratings, fare integration and potential solutions to the Bay Area Regional Transit's current challenges with Bryant Jenkins, a managing principal with Sperry Capital. (34 minutes)
October 3 -
Fitch Ratings replaced its negative watch with the negative outlook, citing the lack of clarity around contractor claims of cost overruns.
October 2 -
September's total volume ticked up 1.2% to $27.585 billion in 531 issues from $27.251 billion in 592 issues a year earlier. However, the month's total is lower than the $30.652 billion 10-year average, according to Refinitiv data.
September 29 -
California lawmakers have asked the state Supreme Court to block a ballot measure that would radically alter the state's tax structure.
September 29