Shelly Sigo

Provident Resources Group Inc., a national nonprofit, plans to issue up to $400 million of bonds to rescue a distressed commercial proton beam therapy cancer treatment venture in Atlanta.

Martin and Indian River counties have asked a federal judge to examine the new bond financing strategy employed by All Aboard Florida to determine the "full extent" of the proposal and its impact on their federal lawsuits.

Louisiana State Treasurer John Kennedy handily defeated his Democratic opponent with 61% of the vote in Saturday’s runoff election, in his third attempt for a U.S. Senate seat.

Voters in Louisiana go to the polls Saturday to choose the remaining U.S. Senator in this election cycle, with the state’s treasurer, Republican John Kennedy, facing Democrat Foster Campbell.

Florida has taken advantage of favorable market conditions for more than six years capturing $2 billion in savings from refinancings, but the state's top finance official says that run is probably coming to an end.

U.S. Bank N.A., the trustee for Oconee Regional Medical Center, notified bondholders Tuesday that the Georgia hospital defaulted on its Dec. 1 principal bond payment. It is the second default this year.

North Carolina Gov. Pat McCrory called on lawmakers to hold a special session Dec. 13 to address Hurricane Matthew relief efforts. On Monday, he conceded to losing his reelection bid after challenging some balloting results.

Energy-producing states affected by two years of deterioration in natural resource prices can expect continued global headwinds to pressure revenues, according to Fitch Ratings.

David Carrington, who was president of the commission that placed Jefferson County, Ala., into Chapter 9, said his experience presents an opportunity for him to consider running for governor.

Georgia-based First Southern Securities has hired Rafael Pagán to help the boutique investment banking firm break into the mergers and acquisitions sector.

All Aboard Florida moved a step closer to financing the first phase of its private passenger train project when the U.S. Department of Transportation approved AAF’s new application for $600 million of tax-exempt private activity bonds. PAB financing for the project’s second phase remains uncertain.

Orange County, Fla., will competitively price $282 million of new money and advance-refunding tourist development tax-backed revenue bonds on Tuesday.

At the request of Jefferson County, Ala.’s bankruptcy attorneys, the 11th Circuit Court of Appeals set what appears to be a firm date to hear oral arguments on Dec. 16 in Atlanta.

Miami city commissioners will be asked Thursday to approve their first bond issue since a federal jury found the city guilty of violating securities fraud charges and paying a record $1 million settlement.

Former Miami budget director Michael Boudreaux has been ruined financially fighting securities fraud charges and cannot pay a $450,000 civil penalty sought by the Securities and Exchange Commission, his attorney argued in a court filing Monday.

The Securities and Exchange Commission is seeking a $450,000 civil penalty against former Miami budget director Michael Boudreaux, who refused to reach a settlement after a jury found him guilty of securities fraud.

After seven postponements in the appeal of Jefferson County, Ala's bankruptcy case, the county's attorney requested that the chief judge of the 11th Circuit Court of Appeals schedule oral arguments as soon as possible.

Sweeping tax and budget policy changes proposed by a Louisiana legislative panel could put the state on a more sustainable fiscal path, according to S&P, which said it views the recommendations favorably.

In Tuesday’s election, North Carolina and West Virginia got new governors while the region also saw the passage of bond-related measures, including big-ticket transportation initiatives.

To keep the Atlanta Hawks playing at Philips Arena, the 17-year-old venue will undergo up to $192.5 million in interior renovations financed with $110 million of bonds and cash.