South Carolina

AccuWeather says Hurricane Ian may turn out to be one of the costliest storms in the county's history due to its violent storm surge, damaging winds and overpowering flooding rains.

The saga to build the Carolina Panthers a new training facility ended in court, amid finger-pointing between the developer and South Carolina local governments.

Municipal bond issuers in the Southeast sold $40.7 billion of bonds in the first half of this year, a 6.3% year-over-year increase.

Borrower Jasper Pellets and trustee US Bank have been locked in a legal battle after the company filed for Chapter 11 bankruptcy on May 27.

Gross savings from the transaction is expected to be $378 million, or about $11 million a year, which would result in around $250 million in net present value debt service savings.

A pair of bond sales coming out of the Carolinas found homes with investors this week as demand for the paper was high.

After financial and legal difficulties and under new legislative oversight, the South Carolina Public Service Authority heads into the municipal bond market.

The South Carolina Department of Commerce received authority for an $8 million bond issue for the project that may create nearly 500 jobs.

The settlement shifts about $30 million of hospitality fee revenue from Horry County, South Carolina, to local governments there, including Myrtle Beach.

The office designs and implements a plan that coordinates statewide resilience and disaster recovery efforts.

The agreement to end the lawsuit over the sale of securities for a failed nuclear reactor project still must be approved by the court.

The state will sell $182.2 million of highly rated general obligation bonds in three separate offerings.

The South Carolina Jobs-Economic Development Authority’s RecoverSC program has up to $100 million in total bonding authority.

The lawsuits concern bond disclosure in South Carolina, a Florida toll bridge default, and the federal water rights fight between Florida and Georgia.

SCANA Corp. and South Carolina Electric & Gas Co. will pay a $25 million penalty for making false and misleading statements about the failed reactor project.

South Carolina-owned utility Santee Cooper issued A-rated revenue and refunding bonds that achieved $134 million in net present value savings and drew $3.5 billion in orders from yield-starved investors.

The city of Myrtle Beach, South Carolina, will honor its backup pledge to replenish the Myrtle Beach Convention Center Hotel Corp.’s debt service reserve fund.

South Carolina-owned Santee Cooper must pay $200 million to ratepayers and impose a four-year rate freeze to end a suit over a failed nuclear reactor project.

The South Carolina Legislature put in place strict oversight of the state-owned utility until they decide whether to sell it.

The Fourth Circuit Court of Appeals found the state improperly valued CSX's land.