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Revenue bonds
Pressures prompt SCE&G to withdraw nuclear abandonment petition
The investor-owned utility said South Carolina officials will review the canceled project.
Florida CDDs rebuke residents opposing bond deal
Attorneys dismiss complaints over valuation of amenities in $102 million bond sale as “sophistry.”
Virgin Islands WAPA borrows at 11%; plans to borrow more
The U.S. Virgin Islands Water and Power Authority borrowed $14.8 million last week at a nearly 11% interest rate and plans to borrow $70 million more through bonds in the next nine weeks.
After canceling nuclear project, Santee Cooper cancels rate hikes
The South Carolina agency says the rate increases are unneeded even with $7.7 billion of bonds to support.
West Virginia State University cut to junk by Moody's
Material financial problems, including federal sanctions, led Moody's to lower the rating to B1.
Nuclear construction fiasco may spur sale of Santee Cooper utility
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.
Chicago eyes $2.5 billion in refunding under new credit
Chicago Mayor Rahm Emanuel told investors the city will soon launch the new debt issuance vehicle.
Director of embattled San Diego regional planning agency to retire
SANDAG has faced controversy over missed revenue projections and a failed bond measure.
New Jersey's Atlantic Health upgraded
The rating boost from Moody’s Investors Service came ahead of a $250 million bond sale.
Santee Cooper defends decision to drop S.C. nuclear project
The agency said it can wind down the project; lawmakers to weigh prohibiting rate increases.
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