Southeast

A $3.3 billion project to expand a subsea tunnel system at Hampton Roads, Va., will be financed with a combination of bonds, toll revenue, and gas tax revenue under a plan approved a regional planning agency.

The Florida Hurricane Catastrophe Fund is well positioned to absorb losses, the fund’s financial advisor says, even though $454 million in insurance claims have been filed since Hurricane Matthew brushed the state.

Virginia road planners will evaluate local requests for $9 billion of state funding.

Two groups submit acceptable financial plans for Virginia’s $2 billion P3 plan to expand I-66.

Big-ticket transit plans are riding on the outcome of ballots cast in densely populated Wake County, N.C., and Atlanta in November, where voters are being asked to increase sales taxes to fund those plans.

The city of Tamarac brings a small deal to market amid a heavy slate this week that officials believe is only the third public green bond offering from Florida.

Vanderbilt University received an upgrade to triple-A ahead of its first foray into the bond market since separating financially from its medical center.

Miami agreed to pay $1 million to settle securities fraud charges after the city was found guilty by a local jury of playing a shell game to hide its deteriorating financial condition from bondholders.

The Kentucky Court of Appeals ruled that the city of Fort Wright can proceed with its lawsuit alleging that the Kentucky Retirement Systems made millions in improper investments in alternative asset classes.

The Virginia Port Authority's credit ratings have been downgraded by S&P Global Ratings ahead of a planned bond sale that will restructure the authority's debt.