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Shelly Sigo

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N.C. Eastern Municipal Power Agency to Sell Generation Assets for $1.2B
July 30, 2014 The N.C. Eastern Municipal Power Agency inked a deal to sell its generating assets, which requires retiring or defeasing $1.87...

Baptist Memorial, Tenn., Dropped to A: S&P
July 29, 2014 Standard & Poor's lowered its long-term rating to A from AA-minus on bonds issued for Baptist Memorial Health Care Corp.,...

Atlanta Braves Stadium Bonds Validated
July 28, 2014 A Georgia judge validated $397 million of municipal bonds for the Atlanta Braves, but officials say the deal likely faces an...

Alabama Refunding Saves $20M
July 25, 2014 Alabama saved nearly $20 million on a July 24 refinancing of $200 million of outstanding general obligation bonds.

Wake Forest Baptist Dropped to A2
July 25, 2014 Moody's Investors Service downgraded the ratings on Wake Forest Baptist and North Carolina Baptist Hospital bonds to A2 from A1.

Tennessee Sued for Medicaid Enrollment Problems
July 24, 2014 Three consumer advocacy groups filed a lawsuit accusing Tennessee of implementing policies that deny health coverage to...

Atlanta Airport Wins 11th Global Award
July 24, 2014 Busy Atlanta International Airport won the 2014 Global Efficiency Excellence Award from the Air Transport Research Society.

Judge Orders Briefs in Jefferson County, Ala.'s Bankruptcy Appeal
July 23, 2014 U.S. District Court Judge Sharon Lovelace Blackburn orders briefs to determine if Jefferson County, Ala.'s bankruptcy appeal...

Calvin Grigsby, Shreveport Council File Suits Over FA Fees
July 23, 2014 Financial advisor Calvin Grigsby of Grigsby & Associates filed a federal lawsuit against the Shreveport, La., City Council...

Progress on Atlanta's Sewer System Positive: Moody's
July 21, 2014 Completing critical sewer projects under a federal consent decree on time and under budget is a credit positive for Atlanta's...


As banks make more loans to lower-rated municipalities, they may have to follow Interagency Guidance on Leveraged Lending that was developed with private and corporate borrowers in mind.

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