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Kentucky's Paducah Power System board will be asked to take bankruptcy off the table as an option to deal with its struggling finances, said manager Mark Crisson, because the system is solvent.
November 21
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The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell two basis points to 4.39% in the week ending Nov. 20 from 4.41% in the previous week.
November 20 -
The state of Michigan may come to market in the next several weeks with a $450 million bond deal to finance a controversial new hockey stadium in Detroit.
November 20
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Northern Virginia Transportation Authority will sell $69 million of revenue bonds to finance regional transportation infrastructure.
November 20
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JEA, north Florida's largest utility, rejected a plan by Jacksonville's mayor to contribute $400 million to the city's pension liability, but agreed to consider negotiating a smaller amount and may issue pension obligation bonds.
November 19
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President Obama is pushing for Congress to take up his proposed $302 billion, four-year Grow America Act before the extension of the Highway Trust Fund expires in May, a top Transportation Department official said Tuesday at The Bond Buyer's Transportation Finance/P3 Conference.
November 18
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High speed rail in the U.S. is stymied by a lack of political will and no dedicated funding.
November 18
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The failure of Congress to agree on sustainable, long-term federal transportation funding is leading to more local solutions.
November 17
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Virginia Transportation Secretary Aubrey Layne says new P3 rules remove the mystery from the selection process.
November 17
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Volume is forecast to more than double to nearly $7.9 billion this week as Connecticut makes its way to the helm of the primary market with its $550 million offering of general obligation bonds.
November 16
