Kentucky

BRADENTON, Fla. — The Owensboro Medical Health System in Kentucky this week is expected to price $545 million of fixed-rate revenue and refunding bonds as part of a finance plan to build a new hospital and terminate two swaps.

BRADENTON, Fla. — The new bi-state authority created by Kentucky and Indiana to develop a $4.1 billion finance plan to build new bridges over the Ohio River met for the first time Tuesday in an organizational session.

BRADENTON, Fla. — Facing a potential $1.5 billion shortfall over the next two years, Kentucky Gov. Steve Beshear Tuesday night recommended an $18.4 billion biennial budget to lawmakers that calls for a total of $1.53 billion of new debt.

BRADENTON, Fla. — Facing a budget shortfall of $1.5 billion over the next two years, Kentucky Gov. Steve Beshear told lawmakers late Wednesday that efforts so far to restructure debt and cut expenses won’t be enough for the state to avoid more “painful decisions about where we spend money.”

BRADENTON, Fla. — On the heels of a rating upgrade to triple-A, the Louisville/Jefferson County Metro Government Water Works Board in Kentucky tomorrow plans to competitively sell $78.5 million of tax-exempt advance refunding bonds and $127.8 million of federally taxable Build America Bonds.

Kentucky’s appointees to a bi-state authority that will determine how to finance the $4.1 billion Ohio River Bridges Project have been announced by Gov. Steve Beshear and Louisville Mayor Jerry Abramson.

BRADENTON, Fla. — The Kentucky State Property and Buildings Commission today expects to complete pricing $393.3 million of new-money lease revenue bonds, a large portion of which is expected to sell as taxable Build America Bonds.

Kentucky’s preliminary unemployment rate fell to 10.9% in September, which was down from 11.2% in August, the Office of Employment and Training said Tuesday.

Kentucky Gov. Steve Beshear last week appointed the 11 members of the new Kentucky Public Transportation Infrastructure Authority.