-
Private company Texas Central has pivoted to public funding to support its stalled high-speed rail project.
August 11 -
Wells Fargo is the latest investment bank to undergo a Texas Attorney General review of its compliance with a 2021 law.
August 4 -
J.P. Morgan held a one-day retail order for $1.65 billion of revenue bonds from the Dormitory Authority of the State of New York, while Minnesota sold $1.02 billion of GOs in the competitive market in five deals.
August 1 -
July's total volume was $25.939 billion in 542 issues, down from $28.258 billion in 619 issues a year earlier, the smallest percentage drop in monthly issuance year-over-year in 2023, according to Refinitiv data.
July 31 -
For the coming week, investors will be greeted with a larger new-issue calendar led by large New York and Texas ISD issuers, along with gilt-edged Minnesota selling competitively.
July 28 -
The second largest Texas city could be headed to a trifecta of triple-A ratings after Fitch revised the outlook on the city's AA-plus rating to positive.
July 27 -
Energy-producing states are riding out oil and natural gas price swings that affect severance tax collections.
July 24 -
Utilities paid sky-high prices for natural gas and power during Winter Storm Uri, leading to the issuance last year of nearly $2.9 billion of bonds to cover those costs.
July 19 -
Amid bankruptcy proceedings, the project's owner and bondholders agreed to a plan to re-issue most of the defaulted debt.
July 18 -
Escalating costs, particularly for wages, could strain budgets or drain reserves, the rating agency said.
July 12