Southeast

Standard & Poor's lowered the bond ratings of Virginia’s Sweet Briar College further into junk territory June 18 due to the legal efforts to keep the institution open.

Two days after a rating downgrade of a Kentucky agency’s bonds partly because of unfunded pensions, Gov. Steve Beshear ordered a study into the solvency of the Kentucky Teachers’ Retirement System.

Investors in the financing that enabled Jefferson County to exit bankruptcy should not have the “rug pulled out from under them,” the county’s attorneys argued to the 11th Circuit Court of Appeals.

North Carolina reached agreement with conservation groups June 15 that will allow the state to replace the 50-year-old deteriorating Bonner Bridge.

The Florida Legislature plans to complete a special session Friday with a final vote on a budget for fiscal 2016 with no Medicaid expansion, avoiding a state government shutdown.

Louisiana lawmakers struck a deal with Gov. Bobby Jindal late Thursday that paved the way for a $24.4 billion state budget to be approved.

Georgia secured financing rates as low as 1.21% on a multi-faceted competitive GO bond offering Tuesday.

Many utilities in Florida’s exhibit strong financial performance though funding challenges lie ahead in replacing aged infrastructure and dealing with climate change, according to Fitch Ratings.

A federal judge denied requests by two Florida counties seeking to block the issuance of $1.75 billion in private activity bonds for a private passenger train project.

The South Florida Water Management District is preparing to issue the largest certificate of participation deal this year to refund $470 million in COPs sold in 2006 to buy land that protects the famed Everglades.