General obligation bonds

Petitioner John Tillman Wednesday appealed the August circuit court ruling barring his taxpayer complaint challenging repayment of the bonds.

Louisianans re-elected their Democratic governor, but gave Republicans a Senate supermajority; New Orleans voters authorized $500 million of GO bonds.

Moody's Investors Service says the law is good for holders of local GO bonds, though it remains untested in bankruptcy court.

Illinois’ competitive $750 million general obligation issue proved an easy sell with tight cover bids.

Phil Murphy wants to put a $500 million bond referendum before voters to help pay for making the state’s water systems lead-free.

There are no reasonable grounds for the lawsuit to proceed, said the order from Jack D. Davis II. An appeal is planned.

The state of Tennessee and its school bond authority will be issue $350 million of highly rated new money bonds this month and next.

An Illinois circuit court judge will decide whether the case can proceed by the end of August.

Jack D. Davis II will decide by the end of the month whether to let the lawsuit challenging $14.3 billion of state debt proceed.

Nuveen and AllianceBernstein say Warlander Asset Management may be using the lawsuit to generate an "enormous profit" from credit default swaps.