Georgia

Atlanta may bring its next airport bond issue to market sooner than anticipated because of widespread investor interest in last week's successful sale of $588 million for Hartsfield-Jackson Atlanta International Airport, officials said.

BRADENTON, Fla. — Atlanta this week will bring to market nearly $600 million of bonds for Hartsfield-Jackson Atlanta International Airport, the facility’s first long-term fixed-rate financing in six years.

BRADENTON, Fla. — Standard & Poor’s Thursday changed its outlook on the A rating it assigns to Atlanta’s general obligation bonds and other credits to negative from stable, citing concerns about the city’s weak liquidity and internal fund borrowing practices.

BRADENTON, Fla. — Like other cities ­dealing with congestion, Atlanta has been searching for ways to move people around downtown without building new roads or ­adding more vehicles.

BRADENTON, Fla. — The Atlanta City Council on Monday gave unanimous final approval for the sale of up to $800 million of revenue bonds to finance the completion of a new terminal at Hartsfield-Jackson Atlanta International Airport.

BRADENTON, Fla. — In its only issuance this year, gilt-edged Georgia expects to sell $975 million of general obligation bonds Tuesday in a single competitive sale.

BRADENTON, Fla. — Atlanta plans to bring $1.34 billion of new and refunding airport revenue bonds to market between November and January in two long-planned transactions.

BRADENTON, Fla. — When the Municipal Electric Authority of Georgia sold $2.66 billion of bonds in March for the first U.S. nuclear power project in nearly three decades, it faced a challenge. With interest rates so low and the financial markets so uncertain, how would it invest such a huge portfolio of bond proceeds before it needed to draw funds to pay for its share of two new nuclear units at Plant Vogtle near Augusta?

BRADENTON, Fla. — Atlanta announced a lease agreement with airlines Tuesday that should enable the city to move forward with a long-awaited financing for Hartsfield-Jackson Atlanta International Airport.

The Atlanta City Council Monday approved issuing $145 million of new and refunding taxable bonds for Philips Arena, home to the National Basketball Association's Hawks and the Atlanta Thrashers, a National Hockey League expansion team.

Georgia Gov. Sonny Perdue named Tommy Hills on Monday as the state's new treasurer, effective Sept. 1. Hills has been the state's first-ever chief financial officer since 2003. He succeeds retiring Dan Ebersole, who served 13 years.

BRADENTON, Fla. — Boosted by the popularity of Build America Bonds and refunding opportunities, issuers in the 11 states that comprise the Southeast region sold $34.5 billion of municipal bonds in the first half of 2010, up 7.4% over the same period last year.

BRADENTON, Fla. — The Georgia Department of Transportation is moving forward with its second public-private partnership project — a long-discussed multi-modal passenger terminal in downtown Atlanta.

BRADENTON, Fla. — Atlanta Mayor Kasim Reed has selected municipal finance veteran Joya De Foor as his nominee to become the new chief financial officer of Georgia’s largest city.

BRADENTON, Fla. — Atlanta is looking for companies interested in setting up operations in its commercial tax allocation districts.

Gov. Sonny Perdue has announced that net revenue collections for May totaled $1.18 billion compared to $1.26 billion a year ago, a decrease of 6%, or $75.5 million for the month.

BRADENTON, Fla. — The Georgia Department of Transportation Monday announced the appointment of Sandra Burgess as the new director of its public-private partnership program.

BRADENTON, Fla. — The governors of Kentucky and Tennessee have declared states of emergency to deal with disastrous floods and tornadoes that hit the states over the past weekend.

BRADENTON, Fla. — Three consortiums representing 15 local, national, and international firms have submitted qualifications to the Georgia Department of Transportation for consideration to develop the state’s first public-private partnership road project.

BRADENTON, Fla. — The Georgia General Assembly ended its annual session last Thursday after passing a $38.5 billion budget for fiscal 2011 representing a $100 million increase over the current budget.