Mississippi

The outlook on Mississippi’s AA S&P rating was revised to negative.

NATCHEZ, Miss. -- If the community wants to see Natchez grow, Natchez-Adams Schools officials say the growth begins with education.

JACKSON, Miss. -- The state Senate's minority leader said Wednesday he hopes Gov. Phil Bryant allows the Legislature to consider a bond bill in the upcoming special session.

Madison County, Mississippi told appeals court judges Assured Guaranty is wrongly interpreting a debt service contribution agreement.

NATCHEZ, Miss. -- A Natchez-Adams School Board member defended on Monday next month's election for the public to decide on a $35 million school bond issue for renovating several of the district's schools.

The Oxford School District will host a series of community meetings starting Monday to gather input regarding a proposed bond issue.

Issuers across the Southeast brought $71.7 billion of municipal bonds to market in 2016, a 3.3% year-over-year increase that was generated largely by refundings.

Some Mississippi Democratic legislators want to void a state tax cut to fund roads.

Jackson, Miss.’s water and sewer revenue bonds were downgraded four notches by S&P Global Ratings partly due to the lack of initiatives to improve revenues.

Southeast issuers sold $37.63 billion of municipal bonds in the first half of 2016, a decline of 10.9% from the same period last year, even as new money deals increased.

Jackson, Miss.'s general obligation, water and sewer, and special obligation bonds were all cut several notches by Moody's Investors Service, which cited multiple years of structural budget imbalance.

Butler Snow LLP has hired attorneys Steve Edds and Sue Hicks Fairbank to work in the firm’s public finance office in Richland, Mississippi.

Mississippi absorbed a downgrade from Fitch Ratings, which cited weaker-than-expected .performance and criteria changes in lowering its issuer default and general obligation ratings one notch to AA.

After Mississippi tapped its rainy day fund for a second time to cover a budget shortfall, Moody's Investors Service called the withdrawal a credit negative.

St. Louis-based Ascension Health Alliance is set to bring $1.9 billion of bonds to market in deals that fold into one package the system's new money needs, refunding opportunities and refinancing of inherited debt.

A federal judge approved a $20 billion settlement with BP to resolve litigation brought by five Gulf coast states over the BP Deepwater Horizon oil spill.

Mississippi state senators approve a placeholder measure that keeps a proposed gas tax increase on the table.

In the Southeast, pent-up need for capital and low interest rates translated into a five-year high for bond issuance in 2015.

The Hattiesburg Public School District in Mississippi saw its general obligation bond ratings drop to Baa3 from A3 due to severely eroded reserves and liquidity, according to Moody's Investors Service.

In just six months, the new Municipal Finance Group at Bonwick Capital Partners LLC has been selected as senior manager on five transactions totaling more than $150 million.