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The district's debt holders must vote on a new Chapter 9 plan of adjustment.
August 21 -
Moody's says the South Carolina Public Service Authority’s delay on rates is a credit negative.
August 21 -
The non-profit issued the debt through a Wisconsin agency, the Public Finance Authority, which specializes in acting as a conduit for risky debt.
August 15 -
A bankrupt Texas issuer hasn't missed a bond payment, in contrast to the default of an issuer that hasn't filed.
August 14 -
The South Carolina agency says the rate increases are unneeded even with $7.7 billion of bonds to support.
August 11 -
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.
August 10 -
The borrowing will pay for settlements with six casino properties.
August 10 -
The Puerto Rico Title III judge signaled she may reject a motion that would open the door to bondholders taking over the Puerto Rico Electric Power Authority.
August 10 -
A Lackawanna County court says a state law that caps tax rates supersedes city home-rule provisions.
August 9 -
With no asset to show for more than $4 billion of debt, Santee Cooper’s bonds were downgraded by S&P.
August 3