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Kentucky officials are still struggling with how to handle a troubled internet network project nine years after bonds to fund it were sold. Analysts say the KentuckyWired project has lessons on how public-private partnerships should be structured. The political wrangling in-state stands in contrast to rating agencies, who since September have issued the bonds an

Municipals were firmer Wednesday amid another heavy new-issue calendar, led by several large deals that saw yields lowered upon repricing. U.S. Treasuries yields fell further and equities ended up. Issuance remains robust Wednesday with an estimated $5.9 billion, said J.P. Morgan strategists, led by Peter DeGroot. The negotiated calendar was led by $830 million from

The Federal Highway Administration is under immense pressure to respond to the backlog of requests it has on its emergency relief fund in addition to its specific action on rebuilding the Francis Scott Key Bridge and implementing the goal of 500,000 electric vehicle charging stations across the country by the end of the decade. That

The nation’s public transit providers scored a revised Moody’s Ratings’ sector outlook to stable from negative Tuesday as operators adjust to post-pandemic norms and scramble to line up new funding sources. By March 2024, public transit ridership in the U.S. had rebounded to 79% of pre-pandemic levels, surpassing office occupancy rates and suggesting transit agencies

Kansas legislative leaders, who are seeking to coax the Kansas City Chiefs to leave neighboring Missouri, formally invited the National Football League team to join their effort to build a stadium with the help of bonds. In a letter to Chiefs Chairman and CEO Clark Hunt that the Republican lawmakers released publicly Tuesday, they invited