Revenue bonds

The New Jersey megamall owners' missed mortgage payments for another property compound investor concerns.

South Carolina-owned Santee Cooper must pay $200 million to ratepayers and impose a four-year rate freeze to end a suit over a failed nuclear reactor project.

Fitch downgraded the Ohio-based system to BBB-minus, leaving its rating at the lowest investment grade, matching ProMedica's Moody's rating.

The study provides the first rigorous quantitative evidence supporting the widely held belief that the municipal bond industry benefits from the classification.

Due to coronavirus and the resulting lockdowns and office closures, ridership on the commuter rail line linking San Francisco and San Jose is down about 95%.

A COVID-19-driven decline in lottery revenue led Oregon postpone a $302 million bond sale because the deal wouldn't meet an additional bonds test.

A new law allows state agency Space Florida to sell revenue bonds for private aerospace firms without requiring approvals from the state governor or cabinet.

UMB claims the bonds for the Kansas hotel project are in default because the developer failed to secure a $52 million loan required by the bond indenture.

As officials in the tourism-dependent county prepare for a resurgence of tourism as attractions reopen, they are also dealing with a surge of COVID-19 cases.

An appellate court will weigh whether a financing agreement on the Platte County IDB bonds attached more than just a moral obligation pledge.

The ratings on the Louisville, Kentucky's KFC Yum! Center bonds were lowered to BBB-plus by S&P because of expected operational difficulties.

The shutdown of struggling Destiny USA due to COVID-19 could prompt more gambles from the property owner, a local expert says.

Federal judge rules in favor of Georgia's MEAG and JEA will need to continue to pay debt service on bonds used for nuclear reactor construction.

With about two weeks before the fiscal 2021 starts, the Florida Legislature still hasn't submitted a budget to Gov. Ron DeSantis.

California blasts West Valley Water District for financial control failures, including awarding contracts without a bidding process.

The bond-funded New Jersey megamall has never fully opened and there's no timetable for reopening following the coronavirus-induced shutdown.

The suit contends Aaron Zahn defrauded the Jacksonville municipal utility while trying to privatize it; eight high-ranking employees were suspended this week.

The cities enter a primary municipal bond market prepared to absorb $9 billion of deals this week.

Orange County tourist tax collections plummeted 97% from the year earlier to $765,900 in April, the largest decline ever seen.

The Wisconsin Center District deal provides some expansion financing and near-term debt relief after the agency was stung by lost conventions and tax revenue.