Southeast

Cancellations due to fears of omicron are putting a damper on cruise bookings, says Fitch's Emma Griffith, who adds there is still a lot of pent-up demand.

Glenn Youngkin outlined his administration's priorities in Virginia; West Virginia Gov. Jim Justice unveiled a slightly larger budget plan for fiscal 2023.

The largest deal of the week comes from the New York City Transitional Finance Authority with $950 million of exempts and $250 million of taxables.

“We are anticipating a substantial present value savings as a result of our being proactive,” said the spokeswoman for state Treasurer John Schroder.

The competitive tax-exempt Louisville and Jefferson County Metropolitan Sewer District deal is climate bond certified by Kestrel Verifiers.

The new office is the firm’s first in the Southeast region.

A $10.85 million private placement of special assessment revenue bonds for the Ojus Sanitary Sewer Special Benefit Area will foster economic development.

The rating agency also confirmed the city’s Ba2 rating on $191 million of outstanding water and sewer revenue bonds.

The pandemic, and now the spreading of the omicron variant, exposed nationwide disparities in Internet access with the transition to remote work and learning.

Over the next 10 years, the Division of Bond Finance forecasts about $1.8 billion of net tax-supported debt will be issued, mostly for transportation projects.