Southeast

Jefferson County, Ala., expects to file a plan to adjust its debts in 90 days, said commission president David Carrington. A plan could help guide the county out of the country's biggest municipal bankruptcy.

Florida Lt. Gov. Jennifer Carroll resigned amid a sweeping multi-state investigation into alleged illegal Internet café gambling operations by Allied Veterans of the World.

Birmingham, Ala.'s $75 million general obligation sale will use a convertible capital appreciation bond structure; the city wants to avoid confusion with bankrupt Jefferson County.

Virginia's Elizabeth River Crossings tunnel project has been named the 2012 North America Toll Road Deal of the Year by Project Finance Magazine.

Standard & Poor's on Monday raised Lenoir County, N.C.'s general obligation rating to AA-minus from A-plus on strong financials.

Moody's Investors Service said adverse developments at Georgia Power's new Plant Vogtle nuclear construction project are a credit negative.

Moody's Investors Service affirmed its B3 rating on bankrupt Jefferson County, Ala.'s $747 million of school warrants. The outlook remains negative.

Louisiana will issue $84 million of highway revenue bonds in the first of three planned negotiated sales, two months after canceling a single $249.2 million sale.

Fewer governors have been focusing on pension reform in their state of the state addresses this year, but most who propose reform follow through, according to Loop Capital Markets.

Florida is seeking qualified firms interested in a public-private partnership to build a $2.1B managed-lanes project on Interstate 4 through Orange and Seminole counties.