Southeast

Charlotte Douglas International Airport plans to start laying the groundwork toward building a fifth runway at a cost of $160 million.

Trustees of Lafayette Parish School Board, La. will consider a spending plan for the proceeds from a $30 million general obligation bond issue.

Standard & Poor's assigned a negative outlook to bonds issued for Big Rivers Electric Corp. because the Kentucky utility is losing a big customer.

Atlanta is seeking a finance team to restructure a swap with UBS AG and to issue refunding bonds for its Department of Watershed Management.

The Orlando-Orange County Expressway Authority has named interim director Max Crumit to be the Florida agency's permanent leader.

With Kentucky's unfunded public pension liability at more than $30 billion, a task force is examining how to close the unfunded gap and may consider pension bonds.

Revenue anticipation notes are an option for Louisiana local governments to pay costs from Hurricane Isaac until federal emergency funds begin flowing, State Treasurer John Kennedy said.

Backed by four ratings, among them Kroll Bond Rating Agency's first in Florida, Orange County hopes to reap extra savings during Thursday's $101.6 million refunding sale.

Memphis-based, fixed-income broker-deal Carty & Co. has expanded its new public finance division into Alabama, with an eye toward other states in the Southeast.

The 131-year-old Morris Brown College in Atlanta was forced to file for Chapter 11 bankruptcy after an investor holding $13 million of bonds demanded payment, or face foreclosure.