Indiana

Bids opened Thursday for construction of a new downtown Terre Haute Convention Center appear to be below an overall project estimate.

Karen Freeman-Wilson says without the bond deal to leverage the city's public safety building, Gary will end the fiscal year $42.5 million in the red.

Rating criteria changes and a ruling in the Puerto Rico III case have undermined some investors' and analysts' confidence in revenue pledges.

Cris Johnston will replace Micah Vincent, who is leaving the position for the private sector.

The one-time cash infusion would go toward the unfunded liability of the Teachers' Retirement Fund ‘96 — the defined benefit plan for teachers hired after June 30, 1995.

Gary Community School Corp. in Indiana wants to test its access to the bond market with a $5 million bond refunding.

The number of states aiding school districts with pension costs is expected to grow as pension burdens escalate.

Jason Dudich will join the University of Indianapolis at the end of May as vice president, chief financial officer and treasurer.

The deal received $3 billion in orders, allowing the finance team to trim yields.

Indianapolis and Marion County have tapped a new revenue pledge to back more than $600 million of bonds

With a mere $2.4 billion of municipal new issuance this week, investors will face stiff competition for paper.

Refunding volume in the Midwest was down 57% in 2018, while new money deals rose just 1.8%, leaving the region down more than 28%.

A key committee approved a plan to use $150 million in surplus funds to pay off teacher pension obligations, with the theory that school districts may apply the savings to teacher salaries.

The owner of the Indy Eleven says a $150 million, 22,000-seat soccer stadium would help the team move up to Major League Soccer.

Graduate and married student housing is new frontier for public-private partnerships, underscored by a recent deal at the University of Notre Dame.

Eric Holcomb wants to use $150 million in surplus funds to pay off teacher pension obligations and wants savings to be passed along to teachers.

The bonds will fund the final phase of construction of its new Physical Activity Center.

Indiana Gov. Eric Holcomb's proposed two-year budget holds the line on spending to boost state's rainy day fund.

The public accounting and advisory firm moves into the municipal advisor space by combining with Springsted, Inc. and Umbaugh and Associates.

S&P raised the Indiana capital's ad valorem tax-secured bonds to AA-plus.