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The Route 460 Funding Corp. of Virginia plans to use extraordinary redemption provisions to call $293.3 million of revenue bonds now that the state has terminated the project.
By Shelly SigoApril 27 -
Moody's Investors Service changed the outlook to positive just ahead of a $225.8 million deal by the Florida Department of Transportation to pay for turnpike improvements.
By Shelly SigoApril 27 -
Louisiana State University on Friday pulled a $114.5 million bond offering that had priced two days earlier after investors withdrew from the deal when concerns emerged over the institutions financial status.
By Shelly SigoApril 24 - Kentucky
The Kentucky International Convention Center will close for two years to complete a $180 million bond-financed expansion within the facility's existing footprint.
By Shelly SigoApril 24 -
Jefferson County, Ala., can proceed with an appeal related to the countys bankruptcy exit plan, the 11th Circuit Court of Appeals in Atlanta ruled Wednesday.
By Shelly SigoApril 23 - Florida
The Florida Hurricane Catastrophe Fund plans to finance a portion of its liquidity needs by issuing $1.2 billion in taxable municipal bonds.
By Shelly SigoApril 22 - Florida
Florida city and county officials worry local powers would be usurped by a bill giving a state agency authority to issue industrial development bonds without their permission.
By Shelly SigoApril 22 -
Moody's Investors Service lowered its general obligation bond ratings for Clarendon Hospital District, S.C., to Baa2 because of its narrow cash position.
By Shelly SigoApril 21 - North Carolina
North Carolina residents would decide in a statewide referendum this October or November if they want the state to issue $3 billion in general obligation bonds, according to a bill filed April 16
By Shelly SigoApril 20 -
Martin County, Fla., decided April 14 to hire Chicago-based McDermott, Will & Emery to institute litigation against the All Aboard Florida passenger train project.
By Shelly SigoApril 20 - Florida
Legislation pending in Florida would allow municipal utilities to securitize charges on their customers' water and sewer bills to finance capital.
By Shelly SigoApril 15 - Georgia
First Southern Securities LLC, the Alpharetta, Ga.-based boutique investment banking firm, added four new professionals as part of its expansion effort.
By Shelly SigoApril 14 - Florida
Floridas Citizens Property Insurance Corp. expects to issue $1 billion in tax exempt notes in mid-May to provide liquidity for the upcoming hurricane season.
By Shelly SigoApril 10 - Louisiana
Louisiana Gov. Bobby Jindal is urging lawmakers to adopt his plan to securitize the remaining 40% of the states tobacco revenues from the Master Settlement Agreement.
By Shelly SigoApril 10 -
The Georgia Supreme Court will not reconsider its decision to validate $200 million in bonds for the Atlanta Falcons' new $1.4 billion stadium, clearing the way for the financing to be marketed.
By Shelly SigoApril 9 -
The new Florida Development Finance Corp. board on Tuesday delayed reconfirming the agency's decision to be the conduit for $1.75 billion in private activity bonds for the All Aboard Florida train project.
By Shelly SigoApril 9 - North Carolina
Governor Pat McCrory signed a bill authorizing North Carolina Eastern Municipal Power Agency's asset sale to Duke Energy.
By Shelly SigoApril 8 -
A bill proposing that the rates of the Florida Municipal Power Agency should be regulated by a state agency could jeopardize its credit ratings, according to Moody Investors Service.
By Shelly SigoApril 8 -
Daytona Beach, Fla.-based Halifax Hospital plans to issue about $112 million of revenue refunding bonds boosted by two rating upgrades.
By Shelly SigoApril 7 - South Carolina
South Carolina-based Pope Zeigler has changed its name to Pope Flynn LLC following the departure of Belton Zeigler, a founder of the firm.
By Shelly SigoApril 7












