Southeast

Louisiana was not penalized by the market after its third rating downgrade in a year, getting strong bids for this week’s general obligation bond pricing.

Heightened concern about a potential Westinghouse bankruptcy filing resulted in negative outlooks on municipal bonds issued for new nuclear units the company is building in Georgia and South Carolina.

Jefferson County can refinance $500 million of outstanding limited-obligation school warrants, the Alabama Supreme Court ruled in a decision that could put the county in the bond market by mid-year.

Legislation before the South Carolina Legislature that proposes new pension reforms are positive for near-term funding needs, but S&P analysts believe they may be insufficient over the long term.

Amie Riggle Berlin, the SEC’s lawyer who handled its case against Miami and Michael Boudreaux, explained the important aspects of a reliance on professionals defense and the need for issuers to stay truthful in their offering documents during a conference panel.

Legislative battles break out in South Carolina and Tennessee over proposed state gasoline tax hikes.

The U.S. Supreme Court will consider a special master’s recommendation, largely favoring Georgia and water agencies there, in the lawsuit Florida filed against Georgia over the apportionment of water from the Apalachicola-Chattahoochee-Flint River Basin.

Louisiana’s general obligation bond rating took another hit as S&P Global Ratings downgraded the state one notch to AA-minus.

North Carolina Gov. Roy Cooper began his first State of the State address urging lawmakers to fully repeal a state law passed in 2016 that is seen as discriminatory toward gay and transgender people.

The Baker Correctional Development Corp. is trying to get a waiver from a mandatory call and federal funds to refund bonds from tax-exempt to taxable, in the wake of an IRS finding that bonds are taxable.