Southeast

The resignation of the troubled mass transit system's CEO gives MARTA an opportunity to improve operations and to select projects to focus on.

Veteran banker Tim Kelly will give Baird's higher education and non-profit sectors a national reach.

The largest investors in the Brightline Florida train have negotiated new terms ahead of an Aug. 13 repayment deadline.

The Virginia Port Authority will sell bonds to finance upfront rent payments for the privately owned Virginia International Gateway.

The rating agency cited stong debt service coverage and modest leverage.

The Local Government Commission approved issuance of notes that will be taken out gradually in the next few years.

Florida is poised to reap the rewards of spaceport financing legislation, even if some headwinds remain.

The risk Brightline Florida poses to the rest of the high-yield market may manifest in fund flows, investors said.

Some bondholders have retained legal counsel while others are in the dark about the company's plans.

Fitch said the train line's ridership and revenue ramp-up continue to lag projections.