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The governor wants to use savings to address the islands' $3.3 billion pension underfunding.
November 30 -
The speculative grade bond sale is part of the financial process of returning the Phoenix-based university to nonprofit status after years as a for-profit.
November 15 -
The government is also hoping an outside company will take over the Limetree oil refinery in St. Croix.
September 21 -
Moody's says Guam needs to be ready to respond to shortfalls.
September 14 -
The fight between the governor and the legislature over control of the beleaguered utility is heading to the local Superior Court.
September 7 -
An influx of investment into high-yield munis has created challenges for fund managers forced to compete against each other to get in on new bond offerings.
August 20 -
The authority succeeded in selling unrated bonds to take out CCC-rated bonds.
August 18 -
A speculative-grade deal to build on-campus housing at Santa Rosa Junior College is a first for a conduit issuer operating out of the State Treasurer's Office.
August 12 -
His bill follows unsuccessful efforts by the territory's Senate to increase oversight of its Water and Power Authority.
July 28 -
The hiring of an underwriter moves the city closer to a debt restructuring that is called for in a legal agreement with holders of defaulted bonds.
July 27