Bankruptcy

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.

About $7.7 billion of debt is at stake as South Carolina's governor talks with investor-owned utilities about selling the public power agency.

The borrowing will pay for settlements with six casino properties.

The Puerto Rico Title III judge signaled she may reject a motion that would open the door to bondholders taking over the Puerto Rico Electric Power Authority.

A Lackawanna County court says a state law that caps tax rates supersedes city home-rule provisions.

With no asset to show for more than $4 billion of debt, Santee Cooper’s bonds were downgraded by S&P.

After issuing $4.2 billion of bonds to finance two new nuclear reactors, Santee Cooper said the project was no longer affordable.

Less than two years after filing for bankruptcy protection, the private operator of a section of SH 130 toll road near Austin has reorganized with new financing.

South Carolina and Georgia nuclear reactor owners inked deals supporting the projects, though they’re still deciding whether to complete them.

A judge approved Navicent Health’s bid for the purchase of Oconee Regional Medical Center.

The agreement allows owners of two new reactors at Plant Vogtle to take over construction.

Regulators will hear claims that ratepayers face hikes from a “bungled” nuclear reactor project.

Sean Carney, director and head of municipal strategy at BlackRock, talks about municipal issuance in the first half of 2017 and makes some predictions on how the second half of the year will look. He also discusses distressed states — which state could recover first and why and how a downgrade of Illinois would be a big deal for the market. Hosted by Aaron Weitzman in a conversation recorded on June 29.

A group of hedge funds that owns $3.3 billion of Puerto Rico bonds disclosed in court documents the amount that each of them holds.

The county’s 25-year, $339 million refunding sold with an all-in, true-interest cost of 3.38%.

As the crisis in Puerto Rico continues to drag on, Paul Kwiatkowski, managing director at Kroll Bond Rating Agency discusses the differences between municipal and corporate creditors in bankruptcies and how we can look back at Detroit for clues on how things might turn out. Hosted by Aaron Weitzman.

A collaborative effort is needed to keep Hartford out of bankruptcy, Connecticut Gov. Dannel Malloy said.

The county plans to price $344 million of limited obligation refunding warrants, with a new 1% local sales tax supporting debt service.