Kentucky

Continuing patient losses and a 2014 Department of Justice settlement factored into Moody's two-notch downgrade for King's Daughters Medical Center in Kentucky.

Within hours of the Obama Administration's release of the final Clean Power Plan on Monday, opponents vowed to take legal action to block the rule while others hailed the measure.

Kentucky Gov. Steve Beshear Tuesday said the thawing economy enabled to state to deposit $82.5 million into the state budget reserve trust fund bringing its balance to $209.4 million.

A governor-appointed panel studying Kentucky's $14 billion unfunded teachers' pension liability must find a reasonable solution to the crisis, a top state official said Friday.

Two days after a rating downgrade of a Kentucky agency’s bonds partly because of unfunded pensions, Gov. Steve Beshear ordered a study into the solvency of the Kentucky Teachers’ Retirement System.

Atlanta-based Asset Preservation Advisors recommends that investors remain “highly selective” when purchasing Kentucky’s bonds due to the state’s high pension liability.

Pension obligation bonds are land mines municipal issuers should avoid, according to Janney Capital Markets.

The Kentucky International Convention Center will close for two years to complete a $180 million bond-financed expansion within the facility's existing footprint.

A Kentucky attorney says there's no evidence to support a lawsuit on behalf of Paducah Power against Prairie State or its developer, Peabody Energy.

Kentucky legislators passed a bill stabilizing the state’s gas tax collections in the waning hours of this year’s annual session.

The Kentucky General Assembly adjourned March 25 without passing a major funding bill for the Teachers’ Retirement System, potentially imperiling the Bluegrass state’s credit rating.

Kentucky Gov. Steve Beshear has signed a bill strengthening oversight of state’s pension systems, including the teacher’s retirement plan and its $14 billion in liabilities.

In a letter to the National Governor’s Association, Kentucky’s Mitch McConnell urged states not to implement the EPA’s Clean Power Plan until it is tested in court.

Kentucky’s Paducah Power System dropped Fitch Ratings after getting a higher rating from Standard & Poor's.

Boosted by a rating upgrade, the University of Kentucky plans to competitively issue $281.7 million in new and refunding bonds Tuesday for the UK HealthCare system.

A conference committee in Kentucky will attempt to iron out a major disagreement over retirement funding after the Senate stripped $3.3 billion in pension obligation bonds from a house bill.

The Kentucky Municipal Power Agency on Tuesday plans to price $200 million in refunding bonds tied to the Prairie State project.

The state of Kentucky will provide half of the financing needed to build a state-of-the-art medical research facility that will target diseases that disproportionately affect residents of the Commonwealth.

Standard & Poor's lowered its rating on Hillview, Ky.'s bonds four notches to BB-plus citing a potential $11.4 million damage assessment that could land the city in bankruptcy court.

The Kentucky House has passed major legislation that would authorize the state to use public-private partnerships.