Kentucky

The Kentucky Supreme Court’s ruling prevented a quasi-governmental agency that filed for bankruptcy from leaving the state pension system.

The director of the Kentucky Retirement Systems says the state has built in a risk margin to avoid an adverse effect on liabilities.

Two Virgin Trains USA deals from Florida helped push the region's volume up 9.8% over last year, making it one of only two regions to sell more bonds.

The new law lowers contribution rates for some agencies and allows them to opt out of the worst-funded pension plan in the country.

The Kentucky Bond Development Corp. privately placed bonds with Morgan Stanley to settle outstanding obligations to KentuckyWired P3 partners.

The highest-ranked states were mostly west of the Mississippi River, driven by expanding economies and population growth.

In the coming months bond lawyers expect numerous municipal governments to issue new bonds to support investments in Opportunity Zones.

All of Hilliard’s municipal advisors and associates agreed to join Baird, expanding its presence in the public finance sector.

Bedarff was a fixture in the Kentucky and Ohio public finance worlds and a nationally respected expert.

The surge in gas deals couldn’t overcome the region’s sharp decline in refundings, which led to an overall 22.6% volume decline.

The Louisville City Council is scheduled to discuss options Tuesday for a controversial parking structure downtown.

Lawmakers plan to restructure the state's retirement plans in this year’s session, after last year’s bill was struck down.

Lawmakers are under pressure to fix the state's severely unfunded pension obligations.

The Legislature ended a special session after members concluded that there wasn’t time to overhaul the state’s underfunded pension systems.

Lawmakers are meeting this week after the state Supreme Court struck down a major pension overhaul passed earlier this year.

Milwaukee-based Baird said it will expand its public finance footprint into new markets when it closes on the purchase next year.

The state's chief auditor said the program to install high-speed internet across Kentucky is plagued with "botched" procurements.

A major state bridge repair and replacement program was launched as the turnpike authority’s bond ratings were downgraded because of pension liabilities.

Wilshire Consulting said the aggregate funded ratio for U.S. state pension plans remained unchanged between and first and second quarters of 2018 at 70.8%, up 0.7 percentage points from the previous 12 months.

The region's volume numbers were supported by favorable market conditions that drove several large gas prepay deals.