Tennessee

Four retired Chattanooga, Tenn., police and firefighters attempting to block recent pension reform measures filed suit against the city and pension fund.

In Memphis, Tenn., and Atlanta, major airport-centered economic development plans anticipate using innovative and traditional financing.

Chattanooga, Tenn.'s recent public safety pension reforms reducing the city's liability by nearly $86 million is a credit positive, according to Moody's.

Nashville, Tenn.'s ratings were downgraded by Moody's after a credit review the agency started when it revised its methodology for analyzing GO credits.

Mere talk that the federal government should divest the Tennessee Valley Authority has had a negative consequence, the head of a local power utility said.

The credit of 155 local power companies would be negatively affected if the federal government severs ties with the TVA, according to Moody's.

President Obama's 2015 budget again recommends reducing or cutting the federal government's ties to the Tennessee Valley Authority.

The PFM Group announced Thursday that Jamie Doyle, David Eichenthal, Sarah Hollenbeck, and Sergio Masvidal have all been promoted to managing director.

Southeast bond issuance last year dropped 11% to $56.7 billion as rising interest rates took refundings out of the running and new-money volume was nearly flat.

State budgets seem to be "stabilizing and settling into a period of modest growth," but recovery from the Great Recession is still "a work in progress," a report from the National Conference of State Legislatures found.

Final approval of a deal to rescue the Memphis Redbirds and AutoZone Park bonds from foreclosure has been delayed until Jan. 7.

Fitch Ratings affirmed Tennessee's AAA GO ratings citing the state's conservation debt profile and fully funded pension contributions over four decades.

The Memphis, Tenn. plan to refinance $50 million of defaulted bonds for financially troubled AutoZone Park and the Memphis Redbirds baseball team hit a rough patch.

The Nashville Sports Authority sells $65 million in bonds to build a new ballpark for the Sounds, a minor league baseball affiliate of the Milwaukee Brewers.

Pro baseball teams in the Southeast are scoring new ball parks with mixed-use entertainment districts to enhance the fan experience in and outside of the game.

The National Association of State Treasurers elected officers for 2014 and adopted several bond-related resolutions, during an annual business meeting at its conference here on Monday.

Tennessee has the highest combined state and local rate of 9.44%, a Tax Foundation study said Wednesday.

Municipal bond issuance in the Southeast dropped nearly 12% to $30.7 billion in the first half of 2013. Sales were down in eight of the 11 states comprising the region.

Moody's Investors Service downgraded Memphis-Shelby County Airport Authority's bond rating to A3 from A2 a day after Delta announced that the airport would no longer be a hub.

Nashville Mayor Karl Dean has filed a $300 million capital spending plan for fiscal year 2014, which is eventually expected to be bond-financed.