Louisiana

The region's issuers sold $30.3 billion of municipal bonds in the first half of 2023, 29.9% less than they did during the same period last year

The Louisiana Stadium and Exposition District is selling bonds to continue renovations on the Caesars Superdome, which will host the 2025 Super Bowl.

Bolstered by key political support, states across the southeast are building toll roads through public-private partnerships to manage congestion.

"What are our options? You either pick these banks or you don't. If you don't, business shuts down. We stop building infrastructure," said state Treasurer John Schroder, the bond commission chair.

The rating agency affirmed Louisiana at AA-minus. The state also received its first-ever rating from Kroll Bond Rating Agency: a AA rating and stable outlook.

Facing calls to disqualify six more underwriters from negotiated bond sales, the state Bond Commission opted to sell GOs competitively.

Spending on climate proofing infrastructure and other green capital developments increased 68% while overall volume tumbled 13% in the region.

The 150-acre facility is expected to create about 200 local full-time positions and between 500 and 1,000 indirect local jobs.

Arkansas, Louisiana, and Oklahoma will submit an application to the U.S. Department of Energy for their HALO Hub, which involves public-private partnerships.

The increasing number and frequency of cyber attacks against municipalities is a cause for credit concern, S&P Global Ratings says.