Tennessee

The $80 million bond deal will build a ballpark for the Chattanooga Lookouts that city officials say will revitalize a neighorhood.

Fitch cited economic and demographic factors in explaining the downgrade.

S&P cited increased near-term capital needs in explaining the lowered outlook.

The state has selected a stretch of Interstate 24 between Nashville and Murfreesboro to be its first "Choice Lane," an optional toll lane to bypass congestion.

Both ratings agencies cited the health system's improved liquidity in recent years.

The county commission gave final approval to a nonprofit hospital bond and preliminary approval to a county government bond.

The new law was modeled after a North Carolina law and its use in Charlotte, said Matt Wiltshire, president of Pathway Affordable Housing Corporation, which works to develop affordable rental housing in Nashville.

The state expects to release a RFQ for interested consortiums later this year and has named I-24 as the first toll lane project.

EPB of Chattanooga is seeking the new funds for capital work necessary to accommodate the Tennessee city's expected population growth.

Ahead of issuance, the city's $40.2 million of general obligation bonds received top marks from Fitch and S&P.

Nashville Senior Care, LLC's Chapter 11 filing impacts bonds sold through conduit issuers in Florida, Ohio and Tennessee.

The $705.4 million of Metropolitan Government of Nashville and Davidson County bonds will be combined with $500 million from the state government.

The Tennessee Valley Authority has $19 billion of outstanding bonds and provides power to 10 million people.

Bondholders invested in the redevelopment of Elvis Presley's Graceland Mansion were left singing the blues after borrowers missed another scheduled debt service payment.

The plan includes a bump to public employee salaries and new spending on education.

Tennessee joins the ranks of governments and utilities pursuing development of a scalable nuclear reactor.

Bolstered by key political support, states across the southeast are building toll roads through public-private partnerships to manage congestion.

The Metropolitan Council approved a deal that will bring $1.26 billion of bond funding to the new stadium, replacing a venue that still has outstanding debt.

The $3.3 billion Transportation Modernization act allows for P3s for roadway development, a first for the state.

An agreement between Nashville's mayor and team officials puts the plan for a $2.2 billion new stadium one vote away from approval.