Southeast

The Department of Energy approved $3.7 billion in loan guarantees for the Plant Vogtle project.

Issuance of municipal bonds fell 33.9% to $26.7 billion compared to $40.4 billion in September 2016.

Keys Energy Services estimates $32 million in damages from Hurricane Irma, and FEMA will cover most of it.

The firm, which returned this year to public finance, hired five bankers in Texas, Florida, Illinois and New York.

Santee Cooper and South Carolina Electric & Gas monetized all but one payment of the $2.17 billion they expected to receive from Toshiba.

Sarasota County and the West Villages Improvement District will issue bonds for the $100.5 million ballpark.

CFO Jack Wetzler said analysts’ emails were accidentally overlooked, prompting the negative rating action.

Florida’s share of hurricane-related costs will weigh on the state as it nears a structural budget imbalance.

Top-shelf municipal bonds were mixed at midday, according to traders, who are looking ahead to next week’s new issue calendar. Ipreo estimates total bond volume for next week at $4.72 billion.

Municipal bond traders on Friday are looking ahead to next week’s new issue calendar.