North Carolina

Moody’s Investors Service has downgraded the Piedmont Triad Airport Authority to A3 from A2.

The North Carolina Department of Transportation closes on a $145.5 million deal believed to be the first of its kind to use stand-alone, grant anticipation revenue vehicle bonds as interim financing.

The North Carolina Turnpike Authority expects to sell $220 million of state appropriation revenue bonds in a two-day sale this week.

A North Carolina subcommittee was to meet for the first time this week to “study potential options to provide relief to customers of the joint municipal power agencies from high electric rates.”

BRADENTON, Fla. - The North Carolina Turnpike Authority expects to move forward as soon as possible with the remainder of the financing for its second toll road following Tuesday's final judgment in a federal case that stalled the project for nearly a year.

More than 60% of voters in Raleigh, N.C., last week approved the issuance of $56 million of general obligation bonds in two referendums.

Moody’s Investors Service Monday upgraded to Aa3 from A1 the revenue bond rating for the Charlotte Douglas International Airport.

A new rail alternative for downtown Raleigh has emerged from public comments related to the Southeast High-Speed Rail corridor, according to North Carolina transportation officials.

BRADENTON, Fla. - North Carolina Gov. Beverly Perdue has announced a plan to accelerate "urban loop projects" in six cities using grant anticipation revenue vehicle bonds.

North Carolina Gov. Beverly Perdue on Sunday vetoed the $19.7 billion budget sent to her by the Republican-controlled Legislature.

BRADENTON, Fla. — Appalachian State University in northwestern North Carolina Tuesday will competitively sell $60.14 million of general revenue bonds.

Piper Jaffray & Co. has opened a new office in Charlotte, N.C., and made its first four hires as the investment bank continues its national expansion and strengthens its presence in the municipal trading and sales arena.

Triple-A rated Wake County expects to competitively sell $116.8 million of general obligation public improvement bonds on Tuesday for school projects and open-space purchases.

Rep. Bill Owens, D-Camden, has introduced a bill to limit North Carolina's bonding authority to $138.5 million — or just 11% of what the state issued last year — in fiscal 2012 and 2013.

WASHINGTON — North Carolina expects to competitively sell $500 million of limited-obligation capital improvement bonds Wednesday in its largest deal in almost four years.

Raleigh, N.C., is issuing $114.5 million of triple-A-rated water and sewer revenue bonds Thursday, bolstering city utility resources that have been constrained in recent years by the national recession and a regional drought.

Standard & Poor's revised its outlook to positive from stable on Orange County's AA general obligation credit rating Tuesday based on continuing improvement in the county's financial position.

The North Carolina Turnpike Authority will price $275 million of debt Thursday, including $250 million of Build America Bonds, for the Monroe Connector System in a transaction that illustrates how some issuers are jockeying for pricing position ahead of the BAB program’s scheduled expiration.

North Carolina Tuesday expects to competitively price $494.6 million of general obligation refunding bonds, taking advantage of record-low tax-exempt interest rates to exit interest-rate swaps.

BRADENTON, Fla. — Boosted by the popularity of Build America Bonds and refunding opportunities, issuers in the 11 states that comprise the Southeast region sold $34.5 billion of municipal bonds in the first half of 2010, up 7.4% over the same period last year.