Shelly Sigo

Tuomey Healthcare System in South Carolina does not plan to file for bankruptcy, at least not at this time, the hospital told bondholders July 31.

A Kentucky contractor filed a discrimination suit claiming it lost work on the Ohio River Bridges Project due to state delays certifying the minority business.

The N.C. Eastern Municipal Power Agency inked a deal to sell its generating assets, which requires retiring or defeasing $1.87 billion in outstanding revenue bonds.

Standard & Poor's lowered its long-term rating to A from AA-minus on bonds issued for Baptist Memorial Health Care Corp., Tenn., citing losses.

A Georgia judge validated $397 million of municipal bonds for the Atlanta Braves, but officials say the deal likely faces an appeal.

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

Alabama saved nearly $20 million on a July 24 refinancing of $200 million of outstanding general obligation bonds.

Busy Atlanta International Airport won the 2014 Global Efficiency Excellence Award from the Air Transport Research Society.

Three consumer advocacy groups filed a lawsuit accusing Tennessee of implementing policies that deny health coverage to individuals eligible for TennCare.

Financial advisor Calvin Grigsby of Grigsby & Associates filed a federal lawsuit against the Shreveport, La., City Council after the city sued his firm accusing him of overbilling financial advisory fees.

U.S. District Court Judge Sharon Lovelace Blackburn orders briefs to determine if Jefferson County, Ala.'s bankruptcy appeal will be dismissed.

Completing critical sewer projects under a federal consent decree on time and under budget is a credit positive for Atlanta's sewer system, said Moody's Investors Service.

The CDFA and South Carolina Jobs-Economic Development Authority are partnering to launch the South Carolina Financing Roundtable.

Virginia is working on a plan to reduce severe congestion on Interstate 66 that could cost as much as $3 billion.

Based on two court cases, two former JPMorgan bankers want the SEC's pay-to-play case involving Jefferson County, Ala.'s failed sewer deals dismissed.

Louisiana issuers should take advantage of the SEC's initiative to self-report continuing disclosure lapses, the State Bond Commission urged Thursday.

Kentucky Gov. Steve Beshear will dip into the state's rainy day fund to help reduce the fiscal 2014 budget and fill a $91 million general fund deficit.

Birmingham, Ala. city councilor Sheila Tyson, saying her constituents can't afford Jefferson County's post-bankruptcy debt, is trying to boost public support for an appeal, as hearings commence.

Atlanta reached its latest federal consent decree milestone by completing two major wastewater infrastructure improvements under budget by $50 million.

Georgia ended fiscal 2014 with $17.9 billion in revenue collections, an increase of 5.2% compared to the previous year, Gov. Nathan Deal said July 14.