Connecticut

Gov. Dannel Malloy announced awards of more than $9 million in Open Space and Watershed Land Acquisition grants for 35 communities.

Gov. Dannel Malloy signed a deficit-mitigation bill that Connecticut's legislature passed in a special session last week to help plug a $365 million hole.

Connecticut's persistent budget deficits will be the subject of a special legislative session in which Gov. Dannel Malloy will ask for budget cuts, not long after authorizing Treasurer Denise Nappier to tap an emergency cash flow credit line.

While Connecticut's budget deficit estimates soar, state officials are prepared to tap a line of credit of up to $550 million to fund operations, if needed.

Connecticut's Office of Policy and Management has announced $170 million in cuts, amounting to half its estimated shortfall for the current fiscal year.

The University of Connecticut on Tuesday issued $88 million of UConn2000 Series 2012A special obligation student fee revenue refunding bonds, with an all-in true interest cost of 2.48%.

A report by asset manager Conning that placed Connecticut last among the 50 states in credit quality has state Treasurer Denise Nappier up in arms.

Moody's Investors Service issued an action plan for public finance issuers affected by Hurricane Sandy.

Regular weekday commuter rail service has returned to the Metro-North Railroad's New Haven line.

Hurricane Sandy left major challenges for many municipal bond firms after the Financial District of Manhattan was hammered hard by the storm.

Hurricane Sandy is obviously affecting the timing, but Connecticut was scheduled to go to market this week with its $400 million general obligation bond sale.

Connecticut officials celebrated the completion of the Arrigoni Bridge overhaul two months ahead of schedule.

Mashantucket Pequot, which owns Foxwoods casino in Connecticut, has released details about the proposed restructuring of its $2.2 billion debt, which includes a municipal tranche.

Connecticut Gov. Dannel Malloy and the U.S. Department of Transportation announced the release of $121 million for the New Haven-Hartford-Springfield rail program.

Standard & Poor's affirmed Connecticut general airport revenue bonds for Bradley International Airport at A-minus, and assigned that rating to a new deal.

Connecticut has scheduled a $570 million sale of general obligation new money and refunding bonds for next week, with Siebert Brandford Shank the lead manager.

Standard & Poor's assigned its AA long-term rating to Connecticut's $570 million of GO bonds while affirming that rating on its $15 billion of debt outstanding.

Canton, Conn., voters will decide on nearly $20 million worth of capital projects in a November referendum.

A proposed $55 million bond issue that includes $44 million to expand city schools will go to Danbury, Conn., voters in November.

Hedge fund Bridgewater Associates, with support from the state, will construct a new headquarters in Stamford, Connecticut Gov. Dannel Malloy announced.