Southeast

The South Carolina State Infrastructure Bank picked up $67 million or 15.76% in savings from competitively refunding $425 million of revenue bonds Wednesday.

A database charting new college graduate salaries in Virginia could help the credit of public universities by underscoring the value of certain degrees and encouraging efficiency, Moody's Investors Service said Friday.

In a cross appeal brief this week, Jefferson County, Ala., argues that the bankruptcy judge erred when he allowed sewer warrant holders to be paid with the Chapter 9 case pending.

The Florida Hurricane Catastrophe Fund plans to pursue pre-event funding during the coming months, most likely in the municipal bond market.

New Orleans will remove unsecured taxable variable-rate pension debt seen as dragging down the city's credit quality at the cost of a huge swap termination payout to PaineWebber Capital Services.

Fitch dropped the outlook on Forrest County General Hospital, Miss. to negative while affirming its A rating.

The Metropolitan Atlanta Rapid Transit Authority hired Keith T. Parker away from the VIA transit agency in San Antonio to be its new general manager and CEO.

Fitch Ratings upgraded to AA-plus about $93 million of utility system revenue bonds of the Tohopekaliga Water Authority, Fla.

Birmingham, Ala., voters overwhelmingly approved ballot measures authorizing $150 million of general obligation bonds.

Moody's Investors Service said Monday that a rate hike on insurance premiums for customers of Florida's Citizens Property Insurance Corp. is credit positive. Citizens has about $5.4 billion of municipal debt outstanding.