Bankruptcy

Mayor Luke Bronin told Gov. Dannel Malloy and lawmakers that Chapter 9 for Connecticut's capital is inevitable if the state cannot pass a budget.

Fitch Ratings said the increased costs to complete reactors at Plant Vogtle drove the downgrades.

The Georgia pubic power agency will use bonds and loans to complete its share of the project.

An Alabama group wants the justices to rule on a state law backing the county’s recent refunding deal.

The Municipal Electric Authority of Georgia voted to finish the two reactors, but cost was not disclosed.

The district's debt holders must vote on a new Chapter 9 plan of adjustment.

Moody's says the South Carolina Public Service Authority’s delay on rates is a credit negative.

The non-profit issued the debt through a Wisconsin agency, the Public Finance Authority, which specializes in acting as a conduit for risky debt.

A bankrupt Texas issuer hasn't missed a bond payment, in contrast to the default of an issuer that hasn't filed.

The South Carolina agency says the rate increases are unneeded even with $7.7 billion of bonds to support.