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After financial and legal difficulties and under new legislative oversight, the South Carolina Public Service Authority heads into the municipal bond market.
August 24 -
The agreement to end the lawsuit over the sale of securities for a failed nuclear reactor project still must be approved by the court.
January 25 -
The lawsuits concern bond disclosure in South Carolina, a Florida toll bridge default, and the federal water rights fight between Florida and Georgia.
December 30 -
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.
December 3 -
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.
October 28 -
Municipals were in a holding pattern ahead of this week's $15.8 billion new-issue slate as issuers pour debt into the market and investors remain cautious ahead of election results.
October 26 -
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.
July 22 -
The South Carolina Legislature put in place strict oversight of the state-owned utility until they decide whether to sell it.
May 28 -
State lawmakers will return to Columbia for a two-day session that will also determine what to do with embattled state-owned utility Santee Cooper.
May 11 -
South Carolina lawmakers set aside money for the state’s pandemic response but it’s also on hold along with the fiscal 2021 budget.
April 9