SMART gets good news as it looks to future


SMART announced Monday that Standard and Poor’s Global Ratings (S&P) has issued an AA rating on its proposed refinancing of its construction debt through the issuance of Green bonds. S&P also affirmed its AA bond rating on its existing bonds following a review of SMART’s creditworthiness. Read More


New Light Rail Vehicles Come to San Francisco, Plus the Wilderness of Transportation Finance

By Chirag Rabari

The City of San Francisco is celebrating a major milestone with a once-in-a-generation new light rail train now in service, as shown in the above video from our partners at the San Francisco Municipal Transportation Agency (Muni). Muni reports: These… trains are more comfortable, reliable, and rider-friendly. They include a new seating configuration that will provide wider aisles for more capacity, better customer signage, quieter cars and improved design that will reduce delays. This new car represents the first of more than 200 vehicles that will add more train service that will reduce Read More