Southeast

BRADENTON, Fla. — ACA Financial Guaranty Corp. is asking Santa Rosa Bay Bridge Authority bondholders if they are interested in creating a committee to investigate potential resolutions to the northwest Florida issuer’s looming payment default.

WASHINGTON — Senior bondholders of a South Carolina toll road’s debt are claiming they are owed at least $237.8 million as they continue to wrestle with state transportation officials over a debt restructuring plan.

DALLAS — The Louisiana State Bond Commission on Thursday approved $600 million of the state’s dwindling capacity of Gulf Opportunity Zone bonds for an iron and steel project in St. James Parish.

BRADENTON, Fla. — Sarasota and two counties on Florida’s southwest coast plan to take advantage of federally subsidized economic recovery zone and Build America Bonds when they issue more than $100 million of debt for the spring-training facilities of two Major League Baseball teams.

BRADENTON, Fla. — When the Municipal Electric Authority of Georgia sold $2.66 billion of bonds in March for the first U.S. nuclear power project in nearly three decades, it faced a challenge. With interest rates so low and the financial markets so uncertain, how would it invest such a huge portfolio of bond proceeds before it needed to draw funds to pay for its share of two new nuclear units at Plant Vogtle near Augusta?

WASHINGTON — Three firms have submitted conceptual proposals to the Virginia Department of Transportation for a public-private partnership that would develop a new tolled highway in the southern part of the state.

DALLAS — The Louisiana State Bond Commission is expected to allocate $600 million of Gulf Opportunity Zone bonds to a single project at its Thursday meeting.

DALLAS — Voters in East Baton Rouge Parish may have their third chance in 30 months to decide on taxes to support a bond package similar to one that has been rejected twice.

BRADENTON, Fla. — Orange County, Fla., will competitively price $148 million of tourist-development tax refunding revenue bonds Tuesday as tax collections appear to be stabilizing from recessionary lows last year.

BRADENTON, Fla. — Nashville has approved a pre-development agreement with a private partner to finance and build an 800-room hotel across the street from Music City Center, a new convention center under construction near downtown.