Indiana Governor Pulls Support for $1.8B Bond-Financed Fertilizer Plant
May 20, 2013 Indiana Gov. Mike Pence said he is pulling state support for a $1.8 billion fertilizer plant amid political concerns, but the...

Detroit Restructuring Plan Bad for Bondholders: Moody's
May 16, 2013 Detroit's plan to restructure its debt "puts default squarely on the table" and signals bankruptcy is a real option, Moody's...

Michigan Revenue Rebound Continues
May 15, 2013 Michigan's recovery from its "lost decade" is expected to continue through 2017, economists and fiscal officials said,...

Governor Greenlights Indiana Speedway Borrowing
May 14, 2013 Gov. Mike Pence last week signed into law a measure that will allow the Indiana Motor Speedway to issue $100 million of bonds...

NAACP Sues Over Emergency Manager Law
May 14, 2013 The Detroit branch of the National Association for the Advancement of Colored People filed a lawsuit Monday saying Michigan's...

Fitch Cuts Kalamazoo Rating
May 14, 2013 Fitch Ratings last week downgraded Kalamazoo, Mich. to AA from AA-plus, saying the city faces a myriad of challenges.

Detroit Mayor Bing Won't Seek Re-Election
May 14, 2013 Detroit Mayor Dave Bing, who ran the city amidst its most tumultuous period, said Tuesday he won't run for re-election –...

Detroit Emergency Manager Outlines Debt Restructuring Plans - UPDATED
May 13, 2013 Putting bondholders on notice, Detroit Emergency Manager Kevyn Orr said restructuring the city's debt is essential to the...

Columbus Redeeming $368M of BABs, Largest Redemption Yet
May 10, 2013 Columbus, Ohio, will come to market May 29 to refund $368M of Build America Bonds into general obligation debt, taking...

Michigan Agency Sets $535M Bond Sale for June
May 9, 2013 The Michigan State Building Authority, a key state bond issuer that last entered the bond market in mid-2011, approved the...