Infrastructure

New Orleans Aviation Board will build a smaller but more efficient passenger terminal with proceeds from $475 million of airport revenue bonds.

Gilt-edged Charlotte, N.C., will close May 7 on a $171 million deal that saw significant refunding savings as well as low borrowing costs at pricing, according to Treasurer Scott Greer.

Central Arkansas Transit Authority has the legal ability to issue tax-exempt bonds, but not the revenue to support the debt.

New York's Metropolitan Transportation Authority completed its first bond transaction entirely managed and underwritten by minority- and women-owned firms.

Variable-rate represents 8% of the total debt of New York's Metropolitan Transportation Authority and is well under its threshold, a finance official said.

A team of El Paso, Texas, officials and advisors spent last week traveling to New York and Washington, D.C., to trumpet their planned nearly half a billion dollar bond-financed overhaul of the city's downtown area, which they see as a major game-changer for their region.

Investors who bought $860.1 million of Charlotte Airport revenue bonds could be impaired by a bill in the North Carolina General Assembly, according to a bond attorney.

The trustee for $113 million of bonds issued for a privately owned and operated airport at Branson, Mo. are negotiating possible modifications to a forbearance agreement for the struggling airport.

A report from the American Association of State Highway and Transportation Officials details the funding plans of 30 states, including some creative options.

Illinois Gov. Pat Quinn outlined plans to spend $12.6 billion over the next six fiscal years on transportation and said more spending and borrowing for capital projects is needed.