Southeast

The South Carolina Public Service Authority’s A1 bond ratings were confirmed Tuesday by Moody's Investors Service, which cited progress on the construction of two first-in-kind nuclear units.

Florida Gov. Rick Scott signed a bill Monday creating the Florida Department of Transportation Financing Corp., to issue tax-exempt bonds for agency projects that will include public-private partnerships.

A federal judge approved a $20 billion settlement with BP to resolve litigation brought by five Gulf coast states over the BP Deepwater Horizon oil spill.

Fitch Ratings downgraded Louisiana’s general obligation bonds by one notch to AA-minus on Tuesday as the troubled state prepares to refund debt as part of a deficit-reduction plan.

Veteran bond attorney Mary Nash Rusher has joined McGuireWoods LLP as a partner in the firm’s Raleigh, N.C., office.

Kentucky Attorney General Andy Beshear said Friday he will file suit if Gov. Matt Bevin fails to rescind immediate budget cuts the governor imposed at state colleges and universities.

WellStar Health System expanded its hospital network to 11 from five after Friday’s closing on the acquisition of five hospitals from for-profit Tenet Health, and a merger with nonprofit West Georgia Health, but its ratings suffered.

Kentucky lawmakers sent Gov. Matt Bevin a sweeping bill authorizing public-private partnerships, although it prohibits tolls on any state transportation projects that connect with Ohio.

Hillview, Ky. and creditor Truck America say they have reached a settlement over a $15 million judgment that will enable the city to dismiss its Chapter 9 bankruptcy case.

Hartsfield-Jackson Atlanta International Airport launched a $6 billion, 20-year capital plan; the world’s busiest airport is part of a wave of U.S. airports spending money on infrastructure as traffic booms.