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Kentucky Competitive and Negotiated Bond Sales Calendar Updated Every Friday

News & Press Releases

September 1, 2021

News
Kentucky issuers rev up two big transportation bond deals

Kentucky Public Transportation Infrastructure Authority and Turnpike Authority of Kentucky are planning two refunding revenue bond sales.

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August 17, 2021

News
Kentucky Gov. Beshear: Our state's economy is on fire right now, Bond Buyer podcast

In this podcast Governor Beshear did not discuss bonds, but instead mostly gave a marketing piece for Kentucky as well as promoting Covid response. In the podcast Governor Beshear made several references to KY being a post Covid business leader.

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March 30, 2021

News
Kentucky Public Transportation Infrastructure Authority Ratings Upgrade

March 24, 2021 - Fitch Ratings has assigned a 'BBB' rating to the Kentucky Public Transportation Infrastructure Authority (KPTIA) approximately $185 million first tier toll revenue refunding bonds Series 2021A and has upgraded the ratings to ‘BBB’ from ‘BBB-‘ for both the KPTIA outstanding $336 million first tier toll revenue bonds and $446 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan. The Rating Outlook to all obligations are revised to Positive from Stable.

March 30, 2021 - Moody's Investors Service has assigned a ‘Baa2’ rating to the Kentucky Public Transportation Infrastructure Authority (KPTIA) $185 million First Tier Toll Revenue Refunding Bonds, Series 2021A (Downtown Crossing Project). At the same time, Moody's has upgraded the ratings to ‘Baa2’ from ‘Baa3’ for both the KPTIA outstanding $365 million first tier revenue bonds and $452 million third lien TIFIA loan. The outlook has been revised to stable from positive.

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January 8, 2021

News
The Commonwealth of Kentucky Office of Financial Management is seeking RFQs for underwriter, financial advisor, local co-manager and bond counsel services.

The Commonwealth of Kentucky Office of Financial Management (OFM), is requesting the submission of qualifications for underwriter, financial advisor, local co-manager and bond counsel services. Firms pre-qualified through the Request for Qualifications (RFQ) process will be eligible to receive a Request for Proposals (RFP) for services provided to bond issuing agencies of the Commonwealth for financings in Fiscal Year 2022 (July 1, 2021 to June 30, 2022) and Fiscal Year 2023 (July 1, 2022 to June 30, 2023). The RFQs will be available on January 13 for review in their entirety on OFM’s website at: http://finance.ky.gov/services/ofm/Pages/OFMRFPsandRFQs.aspx

To obtain copies of the RFQs, email Aubry McDonald at Aubry.McDonald@ky.gov Responses to the RFQs are due no later than 2 p.m. on February 10, 2021.

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January 7, 2021

News
Gov. Beshear: ‘Better Kentucky Budget’ Allows Commonwealth to Lead in Post-COVID Economy

The Governor delivered his combined State of the Commonwealth and Budget Address in a virtual speech recorded in his office due to coronavirus restrictions and delayed a day by the attack on the U.S. Capitol by domestic terrorists.

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December 9, 2020

News
Revised FY21-FY22 Official CFG Estimate

Members of the Consensus Forecasting Group revised the official enacted FY 2021 General Fund and Road Fund estimates and adopted official estimates

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April 23, 2020

News
Kentucky's Response to COVID-19

Actions taken by Governor Beshear since the first case of novel coronavirus disease 2019 (COVID-19) was confirmed in Kentucky.

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January 28, 2020

News
Governor Beshear Unveils ‘Education First’ Budget that Ends 14 Years of Cuts

Beshear recommends teacher raise, school safety, full funding for Medicaid and pensions, 350 new social workers

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January 14, 2020

News
Governor Beshear: State’s Future Depends on Kentuckians Working Together

Governor Beshear: State’s Future Depends on Kentuckians Working Together

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November 7, 2019

News
Kentucky's new statutory lien law credit positive for local governments

Kentucky's new statutory lien law credit positive for local governments

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September 16, 2019

News
Ruling on a Kentucky pension plan viewed as credit positive for state

Ruling on a Kentucky pension plan viewed as credit positive for state

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