Southeast

Georgia privately placed $26 million in bonds to finance the tolling system for a start-up express lane project south of Atlanta.

S&P cut its rating to CC from B on the Charter School of Boynton Beach, Fla.'s bonds saying there is a "virtual certainty of default."

Ratepayers from a Chicago suburb will file a lawsuit as soon as Tuesday seeking compensation for steep energy rate hikes they've paid due to cost overruns at the bond-financed Prairie State Energy Campus coal-fired power plant.

Virginia is expected to have a nearly $2.4 billion revenue shortfall from fiscal 2014 to 2016, the commonwealth's governor, Terry McAuliffe, said Friday.

A new Florida coalition pledges to work on municipal pension reform because it says cities face nearly $11 billion in debt from the obligations.

Moody's downgraded bonds sold by the Douglasville-Douglas County Water and Sewer Authority, Ga., to Aa3 from Aa2 due to weak reserves and declining consumption.

With little supply and investors seeking high-grade bonds, Wake County, N.C., hopes to fill some of those needs a $345 million competitive GO deal Tuesday.

A three-year delay completing new nuclear units in which the South Carolina Public Service Authority owns 45% is a credit negative for the public utility, Moody's said Thursday.

Louisville Water Co. got 11 bids for $63.2 million in advance refunding bonds that resulted in more savings than anticipated, officials said.

Southeast municipal bond issuers sold $21.78 billion of debt in the first six months of the year, a 31.4% decline driven by fewer taxable and refunding deals.