Connecticut

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.

Groton, Conn. voters will vote in November whether to issue up to $11.2 million in bonds to cover the cost of a five-year plan to fix town roads.

Casino operators, Native American and commercial alike, are scrapping for market share. Competition is keener, discretionary dollars are fewer in a still-down economy and several states are scrambling to snare or preserve gambling revenue.

The Norwich, Conn., City Council put a $33.4 million bond referendum to pay for a new downtown police station on the November ballot.

Connecticut intends to sell to sell $600 million of general obligation bonds in two issues by year-end, following unanimous approval by the State Bond Commission.

New Haven, Conn., has a negative outlook from all three major rating agencies, but a city official speaking ahead of two bond sales would rather emphasize the positive.

Budget balances for states remain too low relative to annual expenditures, according to the National Governors Association and National Association of Budget Officers.

Budget director Benjamin Barnes, backing a new law that Treasurer Denis Nappier opposes, said enabling a state agency to sell University of Connecticut bonds opens up possibilities for the flagship[ university.

The Wadsworth Atheneum received a $2 million grant from the Connecticut Bond Commission, helping the Hartford art museum launch the second phase of a renovation project.

Connecticut has scheduled a $518 million general obligation refunding bond sale for Tuesday, while concerns mount over the state’s dwindling available cash and the possible need for extra borrowing to pay bills.

Connecticut is providing a $3 million loan to help pigment-maker Tronox Inc. establish its corporate headquarters in Stamford, Gov. Dannel Malloy announced.