Finance

After issuing $4.2 billion of bonds to finance two new nuclear reactors, Santee Cooper said the project was no longer affordable.

General John F. Kelly’s arrival as the Chief of Staff at the White House is hopefully a harbinger of more positive action.

The big North Carolina bond deal priced early on Wednesday while traders are set to see the large Massachusetts note offerings go out for the bid later in the day.

Top-rated municipal bonds ended mixed on Tuesday, according to traders, as the first of the week’s big deals came to market, led by the Bay Area Toll Authority’s $1.4 billion deal.

Illinois Gov. Bruce Rauner reshaped a school funding bill Tuesday, cutting CPS' piece of the pie.

Marion County and Indianapolis council approved the first $20 million in financing for a new criminal justice center.

Top-rated municipal bonds were mixed at mid-session, according to traders, who were seeing the first of the week’s big deals come to market, led by the Bay Area Toll Authority’s $1.4 billion deal.

The Lombard, Ill. Public Facilities Corp. is seeking to restructure its $190 million of now defaulted debt.

Municipal bond traders on Tuesday are set to see the first of the week’s big deals come to market, led by the Bay Area Toll Authority’s $1 billion deal.

Top quality municipal bonds finished unchanged on Monday, according to traders, who wereprepped to see about $7.2 billion of new supply hit the screens this week.

Municipal bond volume ended the month of July down 20% as refundings plummeted.

Halting the work is expected to save customers nearly $7 billion in additional costs, the state-run agency known as Santee Cooper told bondholders.

Wayne County works to reach agreement with Rock Ventures over jail project and solve tax problem.

Cook County can begin collecting a beverage tax that is expected to generate $200 million annually.

Top quality municipal bonds were unchanged at mid-session, according to traders, who were set to see about $7.2 billion of new supply hit the screens this week.

The municipal bond market is gearing up for about $7.2 billion of new supply this week, led by several big transportation deals.

Primary municipal bond market volume is set to rebound to a more normal level in the coming week, bringing traders a variety of offerings.

The rating agency said it doesn’t expect the budget to directly result in any local government rating changes, though school districts remain vulnerable to a possible impasse over funding.

Top shelf municipal bonds were steady at mid-session, according to traders, who were looking ahead to next week’s new issue slate.

The municipal bond market is expected to remain quiet on Friday, ahead of next week’s new issue slate.