North Carolina

Charlotte, N.C., will ask the Local Government Commission Tuesday to approve a $498 million debt financing plan, which includes a GO bond referendum next month.

Fitch Ratings and Moody's Investors Service have downgraded various ratings of Salisbury, N.C., because of its fledgling fiber optic broadband service.

North Carolina Gov. Pat McCrory plans to recommend a $1 billion transportation bond program to the General Assembly next year.

The N.C. Eastern Municipal Power signed the deal to sell its assets to Duke, which requires taking out $1.87 billion in outstanding debt. Regulatory approvals lie ahead.

As funding declines for road services, North Carolina has decided to allow private sponsors to pay for programs in return for advertising benefits.

North Carolina's Fayetteville Public Works Commission plans to price $110 million in revenue bonds in a rare competitive deal.

With little supply and investors seeking high-grade bonds, Wake County, N.C., hopes to fill some of those needs a $345 million competitive GO deal Tuesday.

Southeast municipal bond issuers sold $21.78 billion of debt in the first six months of the year, a 31.4% decline driven by fewer taxable and refunding deals.

A federal appellate panel Thursday ruled that North Carolina’s plan to replace the 50-year-old Bonner Bridge must be reconsidered by a lower court.

The N.C. Eastern Municipal Power Agency inked a deal to sell its generating assets, which requires retiring or defeasing $1.87 billion in outstanding revenue bonds.

Moody's Investors Service downgraded the ratings on Wake Forest Baptist and North Carolina Baptist Hospital bonds to A2 from A1.

North Carolina Gov. Pat McCrory signed a bill authorizing $376 million of bond-financed improvements at six University of North Carolina institutions.

Standard & Poor's affirmed its A-plus ratings on Charlotte, N.C.'s $838 million in airport revenue bonds issued for Charlotte Douglas International Airport.

Fayetteville, N.C., Public Works Commission general manager Steven Blanchard has received a top achievement award from the American Public Power Association.

The North Carolina General Assembly passed a bill clarifying that a regional commission should operate Charlotte Douglas International Airport.

A swift-moving "glitch" bill is moving quickly in the North Carolina General Assembly to clarify the governance of the Charlotte Douglas International Airport.

The Environmental Protection Agency's proposed rule to cut carbon dioxide emissions as much as 30% by 2030 will drive up costs for coal-dependent states, Florida Commissioner of Agriculture Adam Putnam said.

Moody's downgraded Wayne Memorial Hospital's issuer rating to Baa1 from A3 due to the North Carolina hospital's "recent weak operating performance and low revenue growth."

Richard Marvin, a 26-year municipal finance veteran, has joined PFM Group as a director opening an office in Winston-Salem, N.C.

The North Carolina Department of Transportation won federal approval to resume work on the $900 million, 20-mile Monroe Bypass project stalled by a federal ruling.