Nora Colomer

Construction delays and related payment risks on an Indiana public-private partnership highway project prompted Fitch Ratings to drop bonds issued for the project three notches to B.

The Michigan Finance Authority hits the market Wednesday with a top-rated $300 million new money and refunding under its clean water revenue bond program.

Public finance veteran Kevin Smith started his job as Highland Park, Mich., school district's next emergency manger Friday.

Detroit will get a fourth round of federal funding for its ongoing blight demolition program after a suspension due to procedural errors.

Indianapolis received a one-notch downgrade from Moody’s on $410 million of moral obligation debt as the rating agency implements a new methodology.

Wayne County, Michigan was released from state oversight but expensive challenges remain, said county executive Warren Evans .

Reforms of Michigan’s emergency manager law were among the policy changes recommended in a report by a special state legislative committee formed to examine the Flint water crisis.

Indiana’s Citizens Energy Group heads into the market with a $49 million refunding of natural gas utility bonds bolstered by an upgrade from S&P Global Ratings.

Oaklawn Hospital in Calhoun County, Michigan plans to convert its variable rate paper to fixed-rate debt in an upcoming $74 million hospital revenue bond refunding.

Ohio became the latest bond issuer to suspend doing business with Wells Fargo & Co. over its phony accounts scandal.