News and Information from Bond Buyer

Jan. 8, 2015 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.14 1.29 1.95 2.75 Florida Aa1/AAA/AAA 0.15 1.3 2.01 2.83 Georgia Aaa/AAA/AAA 0.14 1.24 1.88 2.66 Kentucky Aa2/AA+/AA+ 0.16 1.36 2.1 2.91 Louisiana Aa2/AA/AA 0.15 1.35 2.08 2.87 Mississippi Aa2/AA/AA+ 0.16 1.35 2.08 2.86 North Carolina Aaa/AAA/AAA 0.14 1.24 1.88 2.66 South Carolina Aaa/AA+/AAA 0.14 1.26 1.92 2.7 Tennessee Aaa/AA+/AAA 0.14 1.26 1.92 2.69 Virginia Aaa/AAA/AAA 0.14 1.23 1.87 2.65 West Virginia Aa1/AA/AA+ 0.16 1.34 2.09 2.89

1/7/2015 12/31/2014 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 2 $15,150 0 $0 15,150 Florida 4 639,390 8 1,100,880 -461,490 Georgia 2 38,850 2 24,260 14,590 Kentucky 4 79,575 1 45,930 33,645 Louisiana 2 33,705 2 33,705 0 Mississippi 0 0 0 0 0 North Carolina 0 0 0 0 0 South Carolina 0 0 0 0 0 Tennessee 1 172,665 2 180,665 -8,000 Virginia 1 12,000 1 12,000 0 West Virginia 0 0 0 0 0

Thursday, January 8 Issuer St Description Amount

Thursday, January 8 Issuer St Description Amount

Week Of January 5 Issuer St Description Amount

Week Of January 5 Issuer St Description Amount

ARKANSAS

FLORIDA

Chicago-based private equity firm Madison Dearborn is poised to acquire prominent health care advisor Kaufman Hall Inc.

Texas' new comptroller, Glenn Hegar, started his term on a positive note, reporting a 4.3% increase in sales tax revenue.

Government

The top four underwriters of municipal bonds stayed in the same positions in 2014, even as three of the four bookrunners lost market share from the previous year. And the league leader in bond insurance increased their total insured volume from 2013 despite losing market share.

The municipal bond market saw more supply hit the screens on Wednesday as New York, Texas and Oregon issues were priced.

Art Leahy, chief executive of the Los Angeles County Metropolitan Transportation Authority, plans to step down in April when his contract expires.

The Atlanta City Council will let voters determine the fate of the city's backlogged infrastructure needs in a $252 million GO bond referendum set for March 17.

Connecticut needs a secure transportation lockbox that all funds raised for transportation is spent on that, said Gov. Dannel Malloy on the cusp of his second term.

Lombard, Ill.'s refusal to cover a debt service shortfall on $190 million of bonds issued for a struggling hotel and conference center has triggered a new payment default.

Work is officially under way on California's $68 billion high speed passenger rail project funded with $10 billion of voter-approved state bonds

New York State is looking at a slower first quarter bond sales calendar than a year ago, but plenty of new issuance is still forecasted.

Outgoing state Treasurer Steve Grossman supports successor Deborah Goldberg's proposal for an independent budget oversight agency in Massachusetts.