Shelly Sigo

Improvement in Atlanta’s fiscal health led Moody's Investors Service to upgrade the city’s general obligation debt to Aa1 from Aa2.

The Kentucky State Property and Buildings Commission plans to price $663.5 million of new and advance refunding bonds Tuesday, starting with a retail order period.

Moody's Investors Service downgraded Louisiana’s credit ratings by one notch, impacting $7.3 billion of debt; the state’s general obligation bonds were dropped to Aa3 from Aa2 amid the state’s fiscal crisis.

The South Carolina-based law firm of Pope Flynn has hired Tom Havener as a public finance tax attorney, the firm announced Tuesday.

In the Southeast, pent-up need for capital and low interest rates translated into a five-year high for bond issuance in 2015.

Eight Louisiana universities face budget cuts amid the state's fiscal crisis, prompting Moody's Investors Service to place the institutions on review for possible downgrade.

Hunton & Williams LLP has hired David Horner as a partner to work in the firm's infrastructure public-private partnerships practice.

The Securities and Exchange Commission told Miami, Miami-Dade County, and the Marlins that no enforcement action will be recommended after a four-year-long inquiry into the financing of the team's $615.7 million stadium.

The Nelson County Public Library District in Kentucky plans to competitively price $1.6 million of general obligation refunding bonds on Tuesday.

Jefferson County, Ala.'s bankruptcy appeal is expected to be argued before the 11th Circuit Court of Appeals in Atlanta the week of May 16.

The Hattiesburg Public School District in Mississippi saw its general obligation bond ratings drop to Baa3 from A3 due to severely eroded reserves and liquidity, according to Moody's Investors Service.

Hillview, Ky., and its largest creditor, Truck America, will undergo new court-ordered mediation after conducting settlements talks that failed to resolve a $15 million claim against the city, which has filed for bankruptcy.

Louisiana's estimated deficit deepened as state lawmakers began meeting for a special three-week legislative session to deal with the historic budget gap.

North Carolina voters decide March 15 if North Carolina can issue $2 billion of general obligation bonds to finance higher education and state capital projects.

Jefferson County, Ala., faces another court test more than two years after its exit from bankruptcy was approved.

In a newspaper column Tuesday, the governor said he would not support budget cuts that could throw universities into financial exigency and close hospitals in order to deal with Louisiana's budget crisis.

Gov. Robert Bentley told legislators Tuesday that bond financing for new prison construction will be paid from the budget that now pays for costly upkeep at aging and overcrowded facilities.

Florida’s State Board of Administration Finance Corp. will issue $1.2 billion of taxable bonds for the state’s Cat Fund, pitching investors opportunity to pick up yield.

The $254.6 million of BANs were directly placed with JPMorgan at a cost of 0.52%, and will "bridge" the state through the next six or seven months, said Louisiana's financial advisor Renee Boicourt.

The Florida Senate and House released fiscal 2017 budgets Friday that are higher than Gov. Rick Scott’s record spending plan; debate remains on Scott’s $1 billion tax cut proposal.