Shelly Sigo

S&P lowered its ratings to A-minus from A on bonds sold for Shands Teaching Hospital at the University of Florida, citing an upcoming $250M deal.

Atlanta plans to do a debt feasibility study on the advisability of issuing $250 million of GO bonds for infrastructure improvements.

Saddled with high electric rates, the Paducah Power System in Kentucky will investigate its fiscal obligations to the beleaguered Prairie State Energy Campus.

Growth in Florida's property insurance market will allow Citizens Property Insurance to defease $418 million in debt two years early.

Palm Beach County, Fla., tells two Major League Baseball teams seeking a new $140 million spring training stadium to revise their proposal for public financing.

Fitch revised its outlook to stable from negative on Tennessee's Memphis International Airport bonds despite losing Delta Air Lines' hub.

The Federal Railroad Administration released a draft environmental statement for the new private passenger rail service All Aboard Florida.

Fitch Ratings and Moody's Investors Service have downgraded various ratings of Salisbury, N.C., because of its fledgling fiber optic broadband service.

North Carolina Gov. Pat McCrory plans to recommend a $1 billion transportation bond program to the General Assembly next year.

Allowing one person to appoint members to the Cincinnati/Northern Kentucky International Airport board is "atypical" compared to similar airports, said Fitch.

Tennessee's revenue collections exceeded estimates in August by 3.7%, said Finance and Administration Commissioner Larry Martin.

All Aboard Florida, a private venture planning new passenger rail service from Orlando to Miami, is encountering headwinds from impacted communities.

Two ex-JPMorgan bankers shouldn't be allowed to give statements six years after taking the Fifth Amendment in the Jefferson County, Ala., sewer bond and swap case, the SEC says.

Problems with a bank loan led Fitch to become the second rating agency to act against Florida Gulf Coast University, placing its ratings on watch negative.

The N.C. Eastern Municipal Power signed the deal to sell its assets to Duke, which requires taking out $1.87 billion in outstanding debt. Regulatory approvals lie ahead.

The Louisiana Transportation Funding Task Force plans to ask candidates for governor about their positions on new ways to fund roads and bridges.

Atlanta launched a second round of public meetings in September to discuss a general obligation bond referendum to be held next year for infrastructure needs.

Kentucky State University's plan to disenroll 645 students for failing to pay will exacerbate stressed operations but could be credit positive, said Moody's.

Low interest rates on federal and bank loans for the $2.3 billion Interstate 4 Ultimate project in central Florida saved the state nearly $70 million from estimates, officials said.

Citing a robust financial position, S&P raised its rating to AA from AA-minus on the Tennessee's Jackson Energy Authority's wastewater revenue bonds.