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The deal comes as high-yield muni investors are hungry for paper.
May 8
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The rating agency cited an improving governance profile, which incorporates a trend of budgetary reserve fund maintenance and increasing pension contributions.
May 7
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McKinney, Texas, is fighting a challenge to a refunding of sales tax-backed bonds sold for a commercial airline service project at its general aviation airport.
May 5
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The drought-stricken Texas city's utility system rating was cut two notches to A, marking a continued downward trend in its credit quality.
May 5
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Months after the state cracked down on cities' tardy annual financial audits, adherence to a statutory filing deadline is improving with fiscal 2025 reports.
May 5
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The biggest-ever bond referendum in Texas was passed Saturday for Dallas schools, while voters in only one city chose to leave Dallas Area Rapid Transit.
May 4
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Fitch, Moody's, and S&P were sent a letter from 23 GOP state attorneys general over the use of ESG factors related to fossil fuel in negative rating actions.
April 28
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Debt requests are escalating as the Lone Star State accommodates a growing population and addresses aging infrastructure.
April 28
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The state Supreme Court's ruling comes in a case that targeted the 2022 issuance of nearly $687 million of ratepayer-backed bonds for a utility company.
April 23
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The Arlington City Council approved a master agreement to fund ongoing maintenance, operation, and improvements at the city-owned NFL stadium.
April 23
